Subtitled: Loose Trading Loses Money. (4 jonu
)
So this is concerned with buying stocks with the intent of selling them at a higher price later in order to make a profit.
In a word: Trading Long. (OK, in two words).
Buys are limited to stocks in the ASX300 at the time of purchase.
The initial 'cash' for this experiment is $25,000, which creates the first set of problems - it is not a lot of money.
Among the rules of trading are that you:
- never risk more than 2% of your capital on any one stock;
- have diversity in your trades;
- cut your loses;
- let your profits run.
Best Wishes
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