How can you earn or double your money thru the stock exchange?

Answers:1   |   LastUpdateAt:2012-11-03 00:11:01  

Question
leeann
Asked at 2012-08-02 20:05:02
As part of our execises, we are playing mock stock exchange-like trading in our economics class. And I dont understand a thing. I kept buying shares and losing money.

How should I be able to earn or double my money so i could buy more stocks. The top traders wont have to take the final exam. Please any info ...
Answer1rock a by zombieAnswered at 2012-11-03 00:10:31
Unfortunately, it is unlikely you will be able to double your money for this class excercise. The average annual return on stocks over the last 10 years is less than 10%. If you are bent on trying to get a huge return you should try penny stocks since they usually have the most volatility. These are huge gambles but at least you aren't using real money to do it. Good luck on your exam if you end up taking it.
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