Trading profits

[ceasar73]

You should know what you want to do with it before you enter the trade. You should have an idea of how the trade will play out, and how you will react to how it does actually play out. If the market suggests that it will continue to rise, you hold. If it doesn't, then you sell. You can always re-enter a trade, and you should always be in it for a reason. If that reason disappears, then you should no longer be in the trade. My opinion of course.

spot on.

 

[Medici]

At this stage -if i achieve 2-5 % profit on my investment i will be happy (newby expectations).

Possibly trade time between 1 - 6 months.

 

[jono1887]

At this stage -if i achieve 2-5 % profit on my investment i will be happy (newby expectations).

Possibly trade time between 1 - 6 months.

you can easily achieve that in a week in current conditions.:

 

[Medici]

That would be nice - but as a newbe i still have to learn thing or two (selection)

 

[Nero64]

Just in case ppl didn't notice the tongue in cheek comments above, trading the news is fickle at best.

Buy the rumour and fade the news.

Ok so i should've of faded Karoon Gas's breakout at $3.50 after it declared a significant gas discovery in its Poseidon well. Now trading at $8.74.

I like Ferrari's better than porsches because they are faster.

But why are they faster?

I don't care they just are!

Maybe it's because they have a bigger engine.

Ignorance is bliss isn't it.

 

[skyQuake]

So the other drilling reports, cap raising, natural gas prices had nothing to do with it?

 

[Julia]

Does the share price always go up on positive news and down on negative news?

Of course beamstas!

Kennas, someone might take you seriously!

 

[gagaga]

thats the way to calculate

 

[johenmo]

Trading Profits - am willing to trade my F09 profit for someone elses profit provided it's better than mine.

 

[jono1887]

Trading Profits - am willing to trade my F09 profit for someone elses profit provided it's better than mine.

don't we all...

 

[Garpal Gumnut]

spot on.

May I just say that this guy is not me , gg, and I have asked him to change his avatar and also asked Joe.

gg

 

[wbosher]

Does the share price always go up on positive news and down on negative news?

I lost some money by assuming that this was the case. A company which I was looking at publicised some good news, I got in, and the SP tanked. From what I understand, this can happen even if the news seems good...but not quite as good as investors expected. I don't bother with news any more, prefer to work off the charts.

disc: I'm a newbie too and have only been trading for about 6 months.