View Single Post
Posts: 619 | Thanked: 691 times | Joined on Feb 2010
#97
Originally Posted by ScourgeV View Post
I don't understand a lot about the market so I'll ask a simple yes or no question. Should I buy Nokia stock right now? (I know there are all kinds of things involved but I figured I'd ask anyway)
if you have to ask - then dont touch it

first rule of trading/investment - have your own thesis

if you dont have a thesis, stay the fvck OUT

the answer to your question is inherently complex - anyone who just says "long" or "short" without knowing your risk tolerance, time frame, intended position size etc is just giving you bad advice without knowing your circumstances
 

The Following User Says Thank You to Frappacino For This Useful Post: