Morning trading July 29, page-462

  1. 5,049 Posts.
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    QTM - hard to enter, equally hard to exit.... with current order book set up.

    New investors - you need understand what this means before taking a position to mitigate your risk
    Based on the current order book. If you enter at 4.7 (the next ask price) and it goes against you, the next exit is 4.1.
    Can you afford that loss? if the answer is now, do not enter.

    Nothing wrong with QTM - but its a good example for me to highlight a trading fundamental for those nterested.

    https://hotcopper.com.au/data/attachments/2333/2333501-2d2e15ac0d2efb746c8900192eee94b7.jpg


 
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