If you are making $20000/week you probably have huge exposure-like $500,000 positions on each stock possibly using cfd's (where only 5% of the stock value is required or $25,000 per stock) or by purchasing out of the money options/warrants.
It only takes a quick change in market sentiment to knock the stuffing out of your capital.
I'm aiming to make $2000 week before interest/brokerage. Interest/brokerage is currently running at about $330/week on average total exposure of $210k using LOC and margin loans.
Far more than this would be acheivable with the leverage/higher risk of cfd's with 5% minimal capital.
Ajax
If you are making $20000/week you probably have huge...
Add ASX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$65.57 |
Change
0.370(0.57%) |
Mkt cap ! $12.71B | |||
| Open | High | Low | Value | Volume |
| $65.64 | $66.07 | $65.15 | $10.96M | 166.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 344 | $65.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.63 | 593 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ASX (ASX) Chart |