Ammar I agree, trading costs should be below <.5% atleast.
I think I did pretty well past month and a half... was able to extract ~12% including trading costs compared to s&p of 5% over the same period.... And I believe I haven't taken unreasonable risks....very negligible I would say....
Even my best buy (bby) play went well... I sold within a day at 38 after buying at 35... for a moment had second thought as it ran to close to 40.. but it crashed back to 35 now.... So overall was a good move.
My only regret I am too conservative with the amount of money I play with....
Anyways, anyone over the age of 21 should be heavily invested in the stock market regardless of the economic situation...My 2 cent... I can gurantee you over next 20 years, u will not regret it for a second... in fact your regret will be the opposite, why u didn't put more..... And it is that latter egret that bothers me a lot acutally...
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