stop-loss definition, page-6

wachito,

I am not against Day trading at all...you really need whole day, great skills and have good research...
some ppl make lot of money out of it but putting money for day still give you 50% chances ti make maoney...in 30 days you might make money on 20 days but surely u lose for few days and and at the end of the month if u check yr brokerage and profit you wouldnt see big money unless you make money everyday...


As I said in 3 years time I have put my money for a year in IPL, BSL and OST, RIO,ANZ and then sold..I made money except NUF...but still my holding is doubled and mind there is no bank in the world will give you an interest that double yr money in a year...apart from that you wont be paying capital gain tax on 50%.....

I started doing LT trading after Day tradiing(I made 10k with it but thought its better to be in LT trading)...sooner or later u wud realise the benefit of mid to long term holding...

well no matter how you claim losses yesterdays trading were still considered a loss...for us SP were 1.6 last month, $3 last year, $1.05 yesterday but it wont really make any difference untill I sell it...If u read my post I said I will be holding mmx for atleast 2 to 3 years ... because I see big money around that time for mmx...

so you wont really say u made a profit or loss untill u really sell your holdings...

I dont do margin lending and use my own money so no need to worry abt short term loss or gain...It just wont make any difference to me...

I like posting here and thats why I try to put my sentiments and share all the info related with mmx...that would certainly be helpful to newbie or the ppl who is seeking info abt murchison...