Ann: PROSPECTUS-SRT.AX, page-262

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goarmy

5,661 Posts.

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04/06/16

11:01

Post #: 17950947
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Originally posted by TheArchitect ↑

Cheers mate, yeah between 1k-5k varies on the trade and each of those trades noted is only counting the winners although on SRT I haven't made a loss trade to date and SRT isn't the only stock I trade on either.

Welcome to the casino of the ASX and to the trading world and to SRT.

I do suggest you read a lot and form your own strategy and rules of how you invest/trade and what type of investor you want to be.

I'm always learning everyday and reading up on shares and trading methods/patterns/chart definitions etc. lots to learn. Learned the hard way at the start years ago that I needed to create rules and a clear strategy and understand how it all worked otherwise you can lose a lot of $$$ even when you do think you know what you're doing you still lose but you try to limit the losses and outweigh it more with the gains.

SRT works for me as the FA is amazing and when you have good FA generally the TA follows strongly too and it's just a matter of understanding the TA to take advantage of the trading opportunities.

I find sticking to one stock like SRT and RYG in this manner you get to know it very well in how it trades, and in between when other stocks pop up I'll go in on them for the short term trade with short term holding parcels as well as trading parcels.

Good luck with your trading mate.

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Would love to know how you handle the tax issues given you don't hold for very
long when you pip trade. You could be up for a big tax bill or do you put that money away somewhere to cover that payment

SRT Price at posting: 2.7¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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