its more risky holding longer than one day--- you are exposed to overnight events rather than daytrading small swings on margin... if you get 7 out of 10 right with tight stops the small profits add up albeit you pay alot of brokerage.
that's why forex is popular amongst daytraders its a 24hr market.
you won't be able to close out your bhp position if something nasty happens over thenext hr for instance..you will be exposed to a massive gap down the next day on the stock... the only way to protect yourself is to short an index like sycom or sp emini to hedge the loss on the gapdown of the stock.
getxy, page-4
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$41.49 |
Change
-0.580(1.38%) |
Mkt cap ! $210.7B | |||
| Open | High | Low | Value | Volume |
| $41.57 | $41.84 | $41.31 | $121.2M | 2.918M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 5258 | $41.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.49 | 119 | 1 |
View Market Depth
| Last trade - 11.46am 30/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |