$10k gamble?? More like $42.5k for a $1.25k yield less brokerage of $80 odd..
Well you see I have a LT hold on IOU and by watching it closely all day everyday you recognise certain patterns or traits.. (charting that is)
It pays to stick with what you know and the flog the life out of it!!.
You need to have a large portfolio to be able to trade large trades. Hey I traded $96k in QAN today and I didn’t get the swing I was looking for so settled for a $400 profit! The fact that I invested $96k is irrelevant considering the downside potential, it’s always minimised. This is just an example with an undesirable outcome, poor one at that, just trying to show a different perspective!! It’s all calculated.
They don’t always go the way you want them to but as @madbullrun said DT isn’t for everyone..
The key to all this is you need to learn stock behaviour and learn charting, even basic charting will help!
- Forums
- ASX - Day Trading
- Day traders' after-market lounge January 21
Day traders' after-market lounge January 21, page-38
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online