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Misc Stock Market

Jimmy Hypocracy said:
Well. Fluor is up 6.5% since I bought. Trying to
Decide if this should be a long hold or if I should flip it later today? I’m just trying to figure out the most efficient way to play this game.
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I personally have been flipping stuff for 10% or higher profits. I'm not comfortable with buy/hold yet in this market with the possibility of more bad news as things stay shut down longer so if you can get a good amount of profit you may want to consider taking it.

I learned the hard way years ago, I started with $200 and in two weeks turned it into $40k. The stock I was holding I had 100% of my stuff in (big mistake) and I was greedy and kept holding hoping for even more gains. It started going down and I held out hope it would go back up. It went down to $2k in value before I sold it.
 
This is day 4 of my Stock Market introduction and my portfolio is all green at the moment. I will say it is a good feeling and I have enjoyed learning a lot the past week. So far my investments are CPE, JNUG, and BAC. Lets get it going boys!
 
snowlover91 said:
I personally have been flipping stuff for 10% or higher profits. I'm not comfortable with buy/hold yet in this market with the possibility of more bad news as things stay shut down longer so if you can get a good amount of profit you may want to consider taking it.

I learned the hard way years ago, I started with $200 and in two weeks turned it into $40k. The stock I was holding I had 100% of my stuff in (big mistake) and I was greedy and kept holding hoping for even more gains. It started going down and I held out hope it would go back up. It went down to $2k in value before I sold it.
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Nothing wrong with flipping right now...Profit is a beautiful thing....Really the only way to make some money in this uncertain market...I agree...We don't know how the economy is going to survive if we're basically shut down for say 3 months...It could get real ugly
 
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