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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The stock I use is so expensive that 30 shares is plenty. It fell to $1100 on Monday I believe. It's already over $1400. It's got to be volatile if you want to take out the difference few times a month. 
There's a cheaper one I just bought several hundreds that fell to $10, but should be around $18+ and will get back there in no time. Got to have the cash for the dips.
Vanguard, fidelity are too slow for catching the dips. Robinhood account has overtaken my Fidelity account because how easy it is to use. My taxes are low to non-existent as HH. Lots of my trading is done inside of three Roths.
I use both market and limit orders. 
Got to have the cash ready. If it doesn't go up, I have more cash to catch it even lower. Once all shares get too high, time to sell. There's always deals to be had because of the bad news coming out, lousy earnings, sell-off. Bounces happen very fast. Only play with stocks you'd hold long term anyways.
I'm looking into buying after hours  as the best dips happen then. I only need $5k a month to have a really good life. I have $50k cash to get it done, and it has been easy.
It is fun, working on my patience, and I have learned a lot. Biggest mistakes have been not having the patience. I can sell better on highs than catch the lows. Working on catching the lows and getting better.[/quote]

Thanks PP - this is super helpful! Will be opening the Robinhood account today :) I had the feeling Fidelity was too slow for this type of exercise. I have been following all my positions much more closely lately and have started to noticed these tremendous dips and spikes - really just due to something someone said about X or Y, some jobs report or poor earnings or litigation ... it just really seems like super low hanging fruit to exploit, i wonder why more people arent doing it. It seems too good to be true. I am an economist with many years of experience so i have the foundational knowledge to see that something isnt quite right...anyways. Thank you so much, any tips on where I can go for more? Other groups/online communities/etc.???[/quote]

WTF.  You're an economist, but you're asking for stock tips on a mommy forum and just now noticing "tremendous dips and spikes."  [/quote]

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