Re: Is it possible?
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Is it possible to make a few hundred dollars a month from stocks with a small capital? In poker, you can play .5/1 with a few hundred dollars and make a few hundred/month. Is there an equivalent in the stock market?
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Yes, its certainly "possible" to make a few hundred dollars per month from stocks starting with a few thousand dollars.
You would primarily focus on short term swing trades.
Try reading The Master Swing Trader by Alan Farley, to get an idea of what that would be like.
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The general idea I got from the books though is that money is made long term by putting in like $10,000 and getting like 7% return on it annually.
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That would be long term investor mentality. To make consistant short term $, you would be fairly actively trading.
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If the stock goes down, then I just wait for it to go up and consider it a long term investment
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If you are trading, you are looking to be right immediately, or you get out. Sitting in a stock waiting for it to do what you expect (which it may never do) is just a waste of time. Move on. cut your loss quick, and find the next opportunity.
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