@cafa
The stoploss feature of these products can really bite you.
I bought 10,000 of the RBA Mini Warrant SRXKRB on 23 Aug 13.
Then on 10 Dec 13 I got stopped out for a large loss (magnified by the leverage).
According to Murphy that was around the low point and look at SRX today.
Its great if the leverage works for you, however I now try to be more conservative with the leverage.
The temptation is to take profits early (being aware of the danger of a potential leveraged downturn)whereas the loss involved in hitting a stop loss can be larger.
I have traded hundreds of these Mini series and I am now very cautious with them.
@cafaThe stoploss feature of these products can really bite...
-
- There are more pages in this discussion • 8 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 SRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.17M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $122.1K | 909.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 698620 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 797342 | 14 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| SRX (ASX) Chart |