Forum Replies Created
Before you enter any trade you should have a view regarding expected profit and acceptable loss.
You should also be using trailing stops to protect your investment.
I note that after you purchased STA the price moved up to 28.50 an increase of about 10.7 % on your purchase price.
A lot of commentators suggest a trailing stop amount of 8%. If you had been using a trailing stop (set at 8%) you would already have been stopped out of your trade (and retained a little profit).
At present you are holding a loss of about 3.5% right?
You may therefore set a tight trailing stop at 4-5 percent, and if you get stopped out your total loss will still be in the 8% range.
Welcome to Shina and Turnip.
Not the first time this has happened. Doubtful if it will be the last.
Great photos and suggestion. But I am afraid that I would eat the krathong as soon as it came out of the oven. I love fresh baked bread 😀14 November, 2016 at 4:48 am in reply to: Good Alternatives for International Money Transfers #3
I use Baht Smart to transfer small amounts. Good rate and no problems so far. Very small operation from what I can gather from their website…so I assume that helps them to keep costs down. Flip side, perhaps, is that their is more risk dealing with a small start up?
Here is one from the man who could be the next president of America:
Sometimes your best investments are the ones you don’t make.
Here’s another gem from Warren Buffet:
If markets were rational I’d be waiting tables for a living.
I made money on BEAU01P1701A last week. I could see that the underlying company was still rallying into a falling market. I made over 15% in two days. Note that this is a put warrant not a call warrant. That is, you make money when the price of the underlying share is going DOWN. In my humble opinion, now is the time to be shopping around for put warrants. Most of the market is still bullish. A big correct could easily come in October. That is the historical month for crashes right?