Becasue we are working with small figures and if we only buy one share it needs to go up $8 to break even on the brokerage, it seems to me like it would make more sense to use the $100 to buy 3 or 4 of one stock at once so you only pay one brokerage, is that how it works?
And when it rolls over - I think you mean that if say in early Jan I buy 3 of the same $25 shares + $4 brokerage, so I have spent $79, by mid Feb they have gone up to $32 each so I sell and have 96-4 brokerage=$92+the 21 I didn't spend yet, plus the $100 from Feb, so I have $213 that I can use to trade with in Feb, is that right? Basiacally I guess I mean is it going to all roll over like real life, so say whatever I buy in Jan doesn't rise enough to make it worth selling I might still have it in June or even December (unless I decide to cut my losses and sell at a loss so I can use what money I do get back to continue to trade). Or as its a game do we have to sell the shares for whatever they are worth at the end of the month and start with a fresh $100 and a fresh purchase each month? I think you proably mean that it will all roll over the way it would in real life, but just getting it clear in my head :) I'm used to thinking in terms of month to month as I was just starting to dabble a little bit in options before I got burned when everything came crashing down, and they expire at the end of each month. Shares where you just keep owning them till you decide to sell them with no time pressure for them to have moved in whatever direction you wanted within only a month is a slightly different proposition to wrap my head around, seems like its going to be much less stressfull though ;) I've been avoiding thinking about the market at all for the last year or so waiting for things to settle down a bit before I start throwing around any more real money, so I think this is going to be an actual fun way to ease into things :)
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Becasue we are working with small figures and if we only buy one share it needs to go up $8 to break even on the brokerage, it seems to me like it would make more sense to use the $100 to buy 3 or 4 of one stock at once so you only pay one brokerage, is that how it works?
And when it rolls over - I think you mean that if say in early Jan I buy 3 of the same $25 shares + $4 brokerage, so I have spent $79, by mid Feb they have gone up to $32 each so I sell and have 96-4 brokerage=$92+the 21 I didn't spend yet, plus the $100 from Feb, so I have $213 that I can use to trade with in Feb, is that right? Basiacally I guess I mean is it going to all roll over like real life, so say whatever I buy in Jan doesn't rise enough to make it worth selling I might still have it in June or even December (unless I decide to cut my losses and sell at a loss so I can use what money I do get back to continue to trade). Or as its a game do we have to sell the shares for whatever they are worth at the end of the month and start with a fresh $100 and a fresh purchase each month?
I think you proably mean that it will all roll over the way it would in real life, but just getting it clear in my head :) I'm used to thinking in terms of month to month as I was just starting to dabble a little bit in options before I got burned when everything came crashing down, and they expire at the end of each month. Shares where you just keep owning them till you decide to sell them with no time pressure for them to have moved in whatever direction you wanted within only a month is a slightly different proposition to wrap my head around, seems like its going to be much less stressfull though ;) I've been avoiding thinking about the market at all for the last year or so waiting for things to settle down a bit before I start throwing around any more real money, so I think this is going to be an actual fun way to ease into things :)