viphar's qna session with ipod and palz, page-74

Viphar
It doesn't make any difference how much money you have to play with but it does control what you buy, ask yourself
1/What profit are you happy with. 2/What is your expected gain in that stock. If increase is 4% and profit is to be $1000 you need to buy 50,000 shares @ $25,000. It is a simple calculation, so with a small bank you cannot afford to purchase shares above $1.00 because the profit will take a long time to come. Play around with these figures and you will see some of your problems. Good luck and no more comments from me. If I can help just ask