Thanks SaberX - I don't really consider myself a good trader yet & I am
sure you have more experience than me as you have been at it longer.
I had a look at my trades to date & I have 424 buys & 382 sells.
Holding 80 % portfolio in XPED now.
When I first started trading, parcels were really small - about $2000 - $3000
& got bigger as I went to average $7000. ( 100,000 shares)
I used to have nearly 20 specs in my portfolio but don't do that anymore.
Mixed bag of results with more losers than winners.
Most of my good profits were from trading 88e options & RYG options.
I bought millions of them on the lows & sold on chart highs.
I was lucky enough to get 88e oppies when they were .009
also RYG around 1c so made bags trading them churning them
over & over .
For beginners all I can suggest is :
1 / Buy a stock you strongly believe has massive potential ( like XPE )
2/ If your holder wait for the lowest price you can get in & hold long term.
3/ If you want to trade , get in front of a chart & pick the lowest price as
your buy ( Brexit was a good recent one )& sell some on a good announcement & buy back on the next
dip. ( Try to get 5 - 10 pips minimum )
4/ Keep cash ready to buy after a fall but don't try & catch a falling knife !
That's it - obviously if you spend 6 hours a day for a year in front of your watch list
you can get an idea of what is possible & not possible from the specs market.
I have learn t heaps just reading hot copper - for example
T10 influenced me to watch the macro ( which will help me in CFD trading , Dr Suess influenced me to study trading Psychology & charting.
So lots more to learn but I have to say I really do love trading & if you love something
your bound to keep improving.
Best of trading & thanks for your kind words
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Mkt cap ! $1.889M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 14202 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 38735 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 100000 | 0.069 |
3 | 15100 | 0.063 |
2 | 180000 | 0.060 |
1 | 86000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 38735 | 1 |
0.085 | 182500 | 1 |
0.089 | 200 | 1 |
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