Making Money By Trading Stock

Well, when you get it right this is exactly what happens. But there is a LOT that goes on "behind the scenes" that gets you into the RIGHT stocks at the right time.Well you can do it that way but you really won't make much at all. Even if you pick a great company like Coca-Cola, you never know when the next big flop might hit. Remember Coke II? The key is getting to know a company you plan to invest with whether long term or short.

I know someone who bought and earned about 5000 shares of NorthrupGrumman back in the late 1980's while they worked there. Their purchase price was just $67.00 per share. As soon as they bought it, they instructed their broker to sell it all immediately if the price ever reached $90.00 a share. Sure enough, some years later, the stock reached $90.00 a share and they sold it all for a nice sum of money which they in turn invested in a different company. It still continues to rise but they set a goal and stuck with it.

This is the long way to do it though. The shorter way is to designate a sell date and stick with it. If you buy 100 shares of Apple knowing they are going to release something new like the iPhone, one year is a great short term sell goal. You are almost guaranteed to make money.

By researching online at sites like MSNmoney, you can get predictions for the top rising stocks and what analysts think they will do in the future. Though not foolproof, you can use their list to investigate the companies yourself.

Get your Momentum Stock Trading System and sign up for my free weekly online trading system newsletter here at: http://www.stressfreetrading.com/Article Source: http://EzineArticles.com/?expert=Mark_Crisp