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Virtual Trader

Im New and need help

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Okay so im fairly new to this game and during my first few purchases I noticed a selection of 20 days or 1 day. what does this time mean please.

Thanks
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I'm new as well, I love this site so far, i just wish i knew more about it, i know the money on here isnt real , correct?
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Say you want to buy ABC at a price of 1050 but they currenlty trade at 1240 . . . you can place a 20 day trade with a limit of 1050. If in the next 20 days the stock falls to 1050 your order will be fulfilled.
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Thanks i understand now. So the limit is how low you want them to be? I thought it was so that you could tell them how much you were willing to pay so it automatically cancels itself if the price goes above it?
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can somebody help me the transaction costs??? How does it work and when do we have to pay? is it per transaction of that particular stock or per stock you own?
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the bigger the risks, the smaller the chance of success. but when it does work, it should pay out well. continuing, imagine there is a company that nobody thinks will succeed. The value of shares in that company will drop massively. As i said, investors like to take risks. My advice:buy shares in that company whilst the prices are at an all time low, because if it recovers, you will make a lot of money. It wont always work out, so always leave some emergency money if things go wrong. I left about 25,000 at first so at least i had something to work with
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Invest in things you think will do well also invest in Fruitcakes. great company for a beginner
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