Buy and sell stocks in the short term?
Hello everyone,
following scenario;
Stock price It's tedious to do this several times a week, but with the right timing, I always make a small profit.
Or am I missing something here???
(1 rating, 1 votes, rated)You need to be a registered member to rate this.
Loading...
Yes, in principle that would be possible. However, you should consider that you might then fall below the 2% rule (in Germany) for the respective security and thus have to start all over again.
Of course, fees may also apply to sales and purchases (unless your broker has waived them).
In addition, you must always keep an eye on the chart of the respective security and check at night whether there is any sudden, exciting news that could significantly influence the price the next day.
Good luck, your Yv
This is exactly what traders do all day long. However, very few are successful in the long run.
Capital gains such as trading in stocks and other securities are tax-free up to a tax-free allowance of €1,000 per person. If your profits exceed the tax-free allowance, you will be subject to a flat-rate withholding tax of 25 percent of the amount above the tax-free allowance.