OAK 3.33% 6.2¢ oakridge international limited

XPE General Topics, page-4068

  1. 4,710 Posts.
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    I don't think the aim so much was the lowest price, as no one can always know with certain what price is going to eventuate, but it's about buying and selling it higher based on your system. To some they could buy at 7, sell at 7.4 tomorrow and it would be fine to them even if we see 6.7 later on. In which case if their system or indicators they go off say buy, they may re-enter again.
    I have seen alot more than 2 pips on many spreads, and many easy days where it's swung 3 or 4 pips easily. So even a smaller parcel can still make decent money. THen again how much are you looking for? If one trades $180 two or three times a week, and has a full time job I would class them as doing well. Could they do better - well how long is a piece of string as far as how much money can you make?

    I am abit confused about your risk reward is not acceptable for you at those ratios, yet your trying CFD's? CFD's are notoriously hard for retail investors because frankly, the professionals live and breathe the stuff.

    It is basically leveraged trading (assumign your trading with your own cash). If you can successfully trade, then by all means leverage (unless that breaks your system or your emotions as you're dealing with larger $$ swings, you can lose more than you have). But if you can't even trade successfully with money /cash in your own shares account then by far IMHO one shouldn't even be looking at CFD's , let alone trading it. Its like being unable to ride a bicycle but wanting to go faster and riding a motorbike.
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Last
6.2¢
Change
0.002(3.33%)
Mkt cap ! $1.673M
Open High Low Value Volume
6.1¢ 6.2¢ 6.1¢ $651 10.50K

Buyers (Bids)

No. Vol. Price($)
1 14499 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 42973 1
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Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
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