hi tradingfreak
generally work with shares under 10 cents.
i dont have any set figure in mind other than going with the flow.
if i feel that 3tenths of a cents is fair profit then i'll sell, if you buy 500K then you walk away with $1,500 profit less brokerage.
it's all about timing as well. you may not buy on the bell (opening), sometimes wait for 15-30 minutes for things to settle down.
anyway the list of shares under 10 cents is very interesting and IMO gives you a good indication.
NEVER EVER PUT DOWN MONEY YOU CAN'T AFFORD TO LOSE.
=======================================
Subject: re: on any given day you can make a few grand
Stock Code: ASX - ASX LIMITED
Posted: 25/08/07 3:28:01 PM Hotcopper Radio: ASX on BoardRoom Radio
Posted By: tradingfreak Views: 102
Post #: 192274 (In Reply to msg #192253 from sandybeachs) Sentiment: Buy
IP: 220.236.xxx.xxx Voluntary Disclosure: No Stock Held
Thanks for the tip Sandy - what sort of percentage rise do you look for before selling? Or do you trade a range?
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