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What I'm looking to do is start off small, say with 500 dollars and invest in 1 or 2 different stocks. I guess I'd want to day trade meaning that I would constantly monitor the price of the stocks and sell high and buy low.
My motivation is that there are periods in which stock market crashes, and stocks drop to dirt cheap levels, nobody wants to buy because they're in a panic. My view is that I would take advantage of such a time and buy some stock which is at a low value, that I know will recover. One example of such a company is Intel. After 9/11 this stock was as low as 18 dollars a share (maybe even lower) now it's at 28 dollars a share.
Am I using sound reasoning?
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