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Re: Harry Winston post# 29719

Friday, 03/22/2019 2:24:35 PM

Friday, March 22, 2019 2:24:35 PM

Post# of 30378

Anyone who buys a stock at $1.02 and sells it at $1.05 only has a 3¢/share gross profit. Now subtract two sets of brokerage commissions There goes ALL of the profits.





It all depends on your broker. My broker for instance offers an amount of free orders for new clients. Also the fee can be fixed for some sells. So the more shares you bought and sold, the higher the profit was.

In contrast, some people bought at $1.11 and sold at $1.22 for an 11¢ profit per share, a much better outcome. It's also a much higher percentage profit, almost 10% as opposed to less than 3% for the other trade.



Imagine if you had both. With your knowledge you could do that!

And look at tgat. 1.09 the run would even be way bigger. I guess you already predicted that and bought low and know when to sell. Damn, I wish I had your knowledge!
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