Best option

[mattmaks]

Hello everyone,

I have been trading now with CFDs for approximately 1 month and I like the look of ANZ so I am thinking of purchasing some CFD's what is the best way to approach this I have 5,000 dollars dedicated towards them should I buy $100,000 worth which is approximately 5200 shares and set a stop loss of 5% which is approximately $1

OR

Should I purchase 50,000 with a stop loss of 10% which will be $2.

I am really stumped on this one any advice would be appreciated.

Thanks

 

[wayneL]

Hello everyone,

I have been trading now with CFDs for approximately 1 month and I like the look of ANZ so I am thinking of purchasing some CFD's what is the best way to approach this I have 5,000 dollars dedicated towards them should I buy $100,000 worth which is approximately 5200 shares and set a stop loss of 5% which is approximately $1

OR

Should I purchase 50,000 with a stop loss of 10% which will be $2.

I am really stumped on this one any advice would be appreciated.

Thanks

Nobody can give you advice, it would be breaking ASIC rules.

Sorry.