Trading for pips is an ordinary strategy.
If you bought at 5.20 and sold at 5.30 = +1.9% before brokerage and CGT
After brokerage and paying CGT on the wins the return would be insignificant. Maybe even less than 1% ?
Consider giving up trading if being 1% in the red is causing undue stress and anxiety too.
- 0.04/5.20 = - 0.00769
Don't make it personal and blame others, review the trade and see what you could have done better. The exit was an emotional decision by the sounds of things. If you'd held you would have made more.
Trading for pips is an ordinary strategy. If you bought at 5.20...
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Last
$3.89 |
Change
0.040(1.04%) |
Mkt cap ! $44.94B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.90 | $3.85 | $66.87M | 17.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 311462 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 133931 | 11 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |