Now you are done with the lengthy proceedings and u are about to embark on a lifetime journey of investment! First if you're new to this platform you're using, you will probably know what the numbers are there for but you might not realise the significance of it.
As you can see, There are lots of number. and above each column they are categorised by words like, buy; sell; volume; open; close; high; low; buy volume; sell volume; price.
price - this is the price of the stock and usually it numbers in between the buy and sell price
buy - This is the price of the stock should you want to buy. Different companies has different prices, usually, the more expensive it is, the larger the company is.
sell - This is the selling price, notice that the selling price and buying price are abit different. This is call the spread
volume - this is the number of shares being traded on the day itself
buy volume - this is the number of shares being bought at the buy price
sell volume - this is the number of shares being sold at the selling price
open - this is the price shown when the market open at the start of the day
close - this is the price shown when the market closes the previous day
high - the highest price so far shown today
low - the lowest price so far shown today
Prices that are below $0.50 are usually penny stocks. If you're new to investing, then you might think that the cheaper the stock is, the easier it is for you to buy and make quick bucks. Well, practically speaking, its true as a minor jump in the share price of a penny stock might earn you few hundreds with a capital of $3000, likewise if it goes the other way, you might be losing a few hundreds. Theoretically speaking, the cheaper the stock is, the more unstable it is. In bad times, these stocks are very vulnerable to liquidation and you'll realise your $3000 can turn into worthless piece of paper in no time.
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