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XTC next LKE???, page-305

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mikedsilva

135 Posts.

11

07/04/22

10:46

Post #: 60709934
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Originally posted by Mcjnr: ↑

Mike,

This is only my opinion and what I would do not any sort of financial advice.

I would split up my holdings and use a small bank roll to speculate heavily on stocks. So I would use 10-20k and play with that money and only do this if you are ok with losing it all.

I personally don't like ETFs but if your new then probably best to stay there.

I like to try and make 5-10% on my play money on every trade. Once the 10-20k becomes 50-100 it's easier to make money so I reduce the percentage to 3-5%.

keep in mind Capital gains tax when you enter and exit a trade.

Cheers

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hi, thanks for the comment.
That gives me a bit of an idea.

Curious, how many trades would some of you perform each year? So far I have been buying and holding... not a fast way to wealth at all.. but probably safer for someone like me with little knowledge.

I did buy a VERY small parcel $1600 worth at 0.013c. Which is weird cos I requested $2500 so not sure what happened.

Last edited by mikedsilva: 07/04/22

XTC Price at posting: 1.6¢ Sentiment: Buy Disclosure: Not Held
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