its not low risk it's just holding overnight you are exposed to overnight events.
it takes much work to hone your daytrading skills...
on cmc markets for example the top 20 of the asx requires you to put up 3% margin or $3000 outlay and you're exposed to $100,000 worth of stock... so a 1% swing in your favour and you net $1000 + brokerage. so that's some 33% return from your outlay.
forex and indices you are leveraged out to the max $1000 outlay and you are leveraged to $100,000 so a 1% swing in your favour and you net $1000, that's 100% return on your outly..
caution, caution i don't recommend leveraged trading for newbies..your trading accout will be wiped out in a month.
getxy, page-6
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Last
$41.48 |
Change
-0.590(1.40%) |
Mkt cap ! $210.7B | |||
| Open | High | Low | Value | Volume |
| $41.57 | $41.84 | $41.31 | $117.2M | 2.820M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 335 | $41.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.48 | 1670 | 10 |
View Market Depth
| Last trade - 11.38am 30/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |