Key insights
- The post describes a novice investor's experience with short-term trading of Intel stock. While the investor realized a small profit, the post highlights the risks of trying to time the market. The investor's desire to also invest for the long run is a more prudent approach.
So I’ve recently started investing at 21 I only just recently got my shit together and I really wanna be investing a lot while I’m young and have less financial responsibilities. I recently made a decision that I think worked out well. I invested 50-200$ in a variety of stocks mainly tech. I put 150 in intel at a low for the month and then it blew up and I did another 150 shortly after I ended up selling 200$ worth at the highest point and now it declined a lot. Was this a logical move I think I profited 60-80$ and I still have 150$ in the stock. Is it possible to do this consistently. Basically put a lot of money into a stock then wait for it to go high and sell for a profit. I also want to just invest and stay in for the long run tho aswell.