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/biz/ - Business & Finance

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57982983 No.57982983 [Reply] [Original]

>invest 1 million dollars in a stock
>wait for stock to go up by 2%
>immediately sell all my shares
>20k richer for clicking some buttons
how long could one do this before companies caught on and banned me from trading with them?

>> No.57982998

Isn't that what people do?

>> No.57983028
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57983028

>>57982983
Anon I don't know how to tell you this, but this is called "trading" and people do it literally all the time.

>> No.57983056

>>57982983
You would see it go down 2% and see -20k and you'd panic sell

You'd repeat this until you had nothing left

>> No.57983063

>>57982983
>anon figures out the S&P500

>> No.57983239

>>57983028
ohhh so THAT’S what it is!