OAK 3.33% 6.2¢ oakridge international limited

XPE General Topics, page-4044

  1. 974 Posts.
    lightbulb Created with Sketch. 11
    Pip traders trying to make a margin of 1 or 2 pips is stupid imo
    For example 100,000 shares x .70 = $7000 + brokerage.

    If you make 2 pips profit only $160 with brokerage out.
    Risk reward not there - also if it runs you will have to buy in at
    a higher price if you want to stay in.

    Fair enough trading to make $1000 on $7000 but not $160.

    All the best long term holders.
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