Stocks & Commodities V. 34:04 (8–10): What Is The Best Purchase Price? by Thomas Bulkowski
Product Description
What Is The Best Purchase Price? by Thomas Bulkowski
Have you analyzed your trading setup to determine what the best price is for buying a security? Here we explore some ways to do that.
I received an email from a man asking for a single tip that could improve his trading or give him an edge. What do I tell him?
That is a difficult question to answer because it is so ambiguous. I did not know anything about the man or his trading style, but I wanted to help. So I thought about the question and found an idea worth exploring: What is the best price range for buying a stock?
In other words, should you buy penny stocks (whatever your definition of them is, such as stocks priced below $1 or $5 a share, or those sold over the counter), high-cost stocks, or those priced in between?
From decades ago, I remember reading that the charter for mutual funds prevented them from buying stocks priced below $5 a share...
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