I was wondering if I could grab some advice from some of the hotcoppians.
My situation: - full time job - minimal expenses - have enough money to invest, risk free - hoping to one day being a full time investor / retire early
My questions are: - Are stop losses necessary for short / medium term traders? - Is buying a bunch of promising spec stocks and just sitting on them until they 'boom' or bust a viable investment strategy? - Are there any alternatives to Commsec? It seems expensive.
