/biz/ - Business & Finance

18 years old, know nothing about stocks except stock is a piece of ownership in a company. Market goes from like 9:30AM EST - 4:00PM EST in USA. This is a small strategy I wanted to try with $1,500 in a TD Americunt account:
>Go to "new 52 week low" in NASDAQ
>Look through companies, check which are most promising, recent releases in press, etc.
>Look at recent events, see which might affect said companies
>See who the fuck Jim Cramer is talking about, generally don't listen to him because when he says buy everyone buys, driving up the price, if he says sell, everyone does, and so on and so forth
>keep an eye on the show because if someone says "This stock is going up!" and I happen to have that stock, I would sell as soon as it goes up high enough
>Sell when I get around 7-8% return

So am I about to take 1500 and shove it up my gaping ass or shove it up wall streets ass and pull out, lets say, 100-300 in profit?