wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,954
- Reactions
- 13,247
professor_frink said:IMHO making a little under 3 % for daytrading a blue chip is pretty good and won't happen too often, even though you wouldn't call that a 'daytrade' as such, more like a swing trade. Think about what would have happened to the person in RIO if it had of gapped down the next day instead of up
You won't find too many people in Aus daytrading regular stocks(well not the bigger ones anyway)- brokerage is way too high here!
If you want to look into daytrading, futures are the way to go IMHO. tight spreads, lots of leverage and dirt cheap brokerage make it possible if you're good enough. Although given the leverage available in futures, it's also a great way to destroy an account if you don't know what you are doing.
Yep about your sig' quote (The trend is not your friend) and you and I know why!wayneL said:Agree
Bronte said:Another day, another dollar
Daylight comes I'm on my way
Another day, another dollar
I'm workin' my whole life away
Don't let your $bucks fade away , take note of what Wayne's got to say2020hindsight said:And Im one too many mornings and a thousand bucks astray
I just keep on piling chips on - and its "come what bludy may"Bobby said:Don't let your $bucks fade away , take note of what Wayne's got to say
What ? can you tell us the ones that went down for you pleaseRealist said:I've been beaten like an egg the past 3 trading days.
Down $6500 in 3 days
October is crap!! Always has been for me.
Bludy ASX market's like a water bed - so small that in order for one part to go up, another part has to go down. Least ways - that's a theory Im starting to subscribe to. (PS most of my theories are .. let's just say you wouldn't pay much if I set upas a consultant lol.)Realist said:I've been beaten like an egg the past 3 trading days. Down $6500 in 3 days
the markets like a water bed in many kinda ways2020hindsight said:Bludy ASX market's like a water bed - so small that in order for one part to go up, another part has to go down. Least ways - that's a theory Im starting to subscribe to.
Realist said:I've been beaten like an egg the past 3 trading days.
Down $6500 in 3 days
October is crap!! Always has been for me.
Bobby said:What ? can you tell us the ones that went down for you please
Stop_the_clock said:Maybe buying a house in Sydney isn't such a bad idea afterall
stevo said:Surely even short term traders measure their performance over the long term? One day is sort of meaningless - anyone can make the occasional profit. How did you do over the last quarter, the last year and the last 5 years?
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