Sean K
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Yes, but who is to say? I still have a couple of months to make some money back too, which will be hard because I'm spending May in Mexico. Anyway, I'm hoping just to break even, which will be nice considering. There could be a nice outlier in my sights that brings home the bacon, so who knows. I'm happy to be still floating right now. Set for the next wave.you can roll it over and deduct from next years profits cant you?
i m a newby started in sept buying stocks and selling them for a profit or holding if making a loss
i m a newby started in sept buying stocks and selling them for a profit or holding if making a loss
currently holding acrux fmg and lei as losses and sold sundance at loss to start reducing capital gain
dollar cost averaged gmg and wes to make a profit
current closed trades and dividends up around 18g
open portfolio down 8g
so up 10g all from last 3 months
Um, Tech, someone might take this seriously!Dollar cost averaging---always a winner!
Cut your winners and let your losers run adding as they do.
After all doubling your holding halves the loss--doesnt it?
I mean they cost me $1.00 dropped to 50c I double the number of shares hey presto they now owe me only 75c.
Who needs Reward to Risk ratio's?
Brilliant.
Scalping the Hang Seng if I remember rightly.
wow, i never realised those kind of returns were possible
Don't worry about 'what is regarded as a good return' as per your initial question and post in the thread. Work out how you can be the best you can be without any limits of the imagination, most will regard it as impossible, because in their perceptions, it is and for this reason, they will never achieve it.
And I wouldn't say you have to be a rigid, dispassionate scientist, but you have to have conviction in yourself and the ability to keep a positive mindset, because there will be times and many of them, when doubt creeps into even the most confident of minds.
Personally, I would say, the life of a trader is a constant evolutionary process. You never reach your destination.
Like always, only my opinions of course, which are based off my own perceptions, whilst trying to form no opinion!
none of the replies have actually answered the question asked in this thread... what are ppls current returns for this year??
It's not about this years returns that count.
Would you like to return 100,000% this year, sit around thinking you are the best there ever is and then blow 100,000% next year
I know it's a bad analogy but concentrate on being consistent. It's hard to scope and compare yourself to others by asking them what their return is this year. In theory this year should have been one of the most profitable years for traders in the last 5 years
Brad
I wouldn't call these safe stocks exactly. FMG and RIO have debt issues and MQG and FXJ are getting hit with the down turn. A safe stock to me is WOW or AGK. However it is likely that these stocks will not visit their lows again if more bad news doesn't come out of the US.
Alot of investors have made money blindly investing, but yes if people used stops then there portfolios woudn't be 40-50% down. Depends on risk profile. People can wait it out, that's if the stock can rise again. I doubt MQG will hit $100 again or whatever it got to.
Um, is this thread about current returns for 08/09?
For me, I'm still well down and need to make about $100K in the next 2 months to earn nothing.
Wish me luck!
Dollar cost averaging---always a winner!
Cut your winners and let your losers run adding as they do.
After all doubling your holding halves the loss--doesnt it?
I mean they cost me $1.00 dropped to 50c I double the number of shares hey presto they now owe me only 75c.
Who needs Reward to Risk ratio's?
Brilliant.
in this market i am happy to sell my winners and take a profit
28 trades closed and 25 have been profitable and one breakeven.
bhp nab ipl awe cba to name a few only cba i got out too early 26.8 to 31.3
currently hold 16 stocks that owe me 8g 5 of these are in profit 8 in loss and 3 new holdings
would someone mind explaining how 1k was turned to 50k by doing this??
Like my mates at work
"Why'd you sell that! Now you've made a loss! Should of waited for it to go back up!"
Classic
Ok seriously..
.. let's sort one thing out
The market doesn't owe you anything
The market doesn't care if you go broke
The market won't give back your money just because you've lost it
Don't let the market manage your risk
Manage it yourself
The market doesn't owe you anything
The market doesn't care if you go broke
The market won't give back your money just because you've lost it
This drivel will cover it.That was TH. And TH can explain himself
Some may but not everyone who trades futs does.You risk more than you put in though!
in this market i am happy to sell my winners and take a profit
Like my mates at work
"Why'd you sell that! Now you've made a loss! Should of waited for it to go back up!"
This drivel will cover it.
https://www.aussiestockforums.com/forums/showthread.php?t=12683
Some may but not everyone who trades futs does.
I expressed myself incorrectly about risking more than you put in. I was referring to the amount of capital that can potentially be lost. As in referring to the disclaimer about losses that can exceed initial deposits. Lol, i still can't express myself correctly.
yeah fair enough but in a way that shows that you're not thinking about position sizing. I don't give a toss what margin the broker asks for to open a position.
The old saying minimum margin = minimum brains.
If you think margin has anything to do with position sizing well that's cuz you haven't seen :fan
is it possible for me to use that same system?
- how is this highly risky if he only started out with 800 capital??
isnt he only risking that 800?
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