Volume

If you have been following this blog from the beginning then you know that I am a beginner when it comes to investing. I have learned some stuff along the way of course but the one thing that I’ve learned so far that really makes a difference when it comes to making some moola is the following.

Volume, volume, volume, no I don’t mean cranking your iPod all the way up, nope. When I say volume I simply mean how many shares you own equals how much money you make or lose. I completely didn’t see this when I first started trading but then again I was a newbie. When I first started I bought 8 shares here, 10 shares there and as a result my volume wasn’t that big and my results weren’t either. That is why with the most recent trade I made I bought 70 shares of National Bank of Greece SA (NBG) and you know what, volume sure works. I have lost money with this stock and thanks to volume it has been a lot.

Now we know how those Quadrillionaires make all that money, volume. If my 8 shares are up $0.50 cents I make $4.00 dollars now if you have 1,000 shares then you just made $500 dollars thanks to volume. Now just imagine how much money someone with 100,000 thousand or 1,000.000 million shares is going to make or lose with that $0.50 cent increase, boggles the mind, doesn’t it?.