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/biz/ - Business & Finance

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52534969 No.52534969 [Reply] [Original]

>Buy stock
>Wait for stock to increase in price
>Sell stock
>Literally free money
There must be a fucking catch

>> No.52534998

>>52534969
manipulation and taxes

>> No.52535001

>>52534969
Yeah, it can go down too.

>> No.52535020

>>52535001
Yeah but if you buy a stock for like, $20 and it crashes then you've only lost that 20, right? So long as you're not a fucking retard and don't blow all your life savings on stocks expecting to get it back, and just do a little dabbling here and there, then... like what's the actual risk?

>> No.52535061

>>52535020
well how much free money are you willing to make

>> No.52535216
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52535216

>>52535020
>buy 1000 stocks around $20
>they can't all go down
>be me
>invest all in "this play will make me not have have to wage cuck ever again"
Damn OP has a point.... guess the catch is greed

>> No.52535257

> can only lose what you put in
Congrats, you literally figured out how capitalism works

>> No.52536956

>>52534969
>a fucking catch

macro/micro blackswan events (covid, bankruptcy, etc) can fuck up a swing trade real quick.

>> No.52537060

>>52534969
The fiat shitcoins you get for selling have dumped more than the stock went up

>> No.52537593

>>52535020
Sounds super easy start doing it bro

>> No.52537662

>>52535020
>He doesn't write off his losses on his taxes

You're retarded aren't you? If you lose money on stocks and youre working like any well adjusted man should be, you end up getting your money back from participating.

>> No.52537671
File: 20 KB, 389x388, 1285336384254.jpg [View same] [iqdb] [saucenao] [google]
52537671

>>52534969
There was one particular stock for an oil company that I noticed always opens high, then drops lower in the afternoon. So everyday I just sell it in the morning and rebuy it later for cheaper. Makes an easy hundred bucks at least

>> No.52537705

>>52534969
>buy stock
>company dies
>money gone
>buy stock
>place you bought the stock dies
>money gone
>buy stock
>stock market crashes
>money gone

>> No.52538960

>>52534969
>There must be a fucking catch
Yeah it’s called naked short selling and it happens everyday

>> No.52539045

>>52534969
I sure hope you made more than 20% to cover captains tax