1MC 0.00% 0.3¢ morella corporation limited

States, TA is good if your time poor and can't research every...

  1. 323 Posts.
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    States, TA is good if your time poor and can't research every stock you trade. If you're an investor, and it sounds like you are, then you have time to (And definitely should) research the fundamentals. You asked people how much you could lose. That's entirely up to you. You should look at using some position sizing calculations to manage your risk. What % of your total trading equity are you prepared to risk on AJM? It can move .005 a day on avg currently (ATR 14 periods) You spent 2k on AJM, and let's say that got you 40,000 units (.05 per unit). If you give it 2 disaster days to move (2 x ATR = .01), then your stop loss is set at .04. If the stock moves south, and you decide to cut your losses short (All big losses started off as small losses), then you sell your units at .04 and the market gives you $1600 of your money back to try again another time. You have then lost 20% of your trade, and 10% of your total trading capital (you still have 2k in PLS). Are you prepared to risk 10% of your total trading capital on one trade?Just maanage your risk and protect your capital so you live to fight another day. Having said that, if you know the company and it's market, you can feel better about being left holding the can so to speak. Good luck!!!
 
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Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $18.53M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $38.74K 14.12M

Buyers (Bids)

No. Vol. Price($)
122 180381230 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 39662259 75
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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