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  1. #1
    Advanced Member
    Join Date
    Aug 2000
    Location
    , , napier. n.z..
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    1,560

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    I find it hard to see where you guys are coming from as far as trading profits are concerned. I have my 18,000 block of spark that I trade. Sold it on Thursday @369cps and could have bought it back yesterday for 358 and gained a cash payment of 18000x11cps but I did not sell as I believe there is more room to drop. If WP goes with Labour there will be quite a crash. I spend time watching the numbers but it does not amount to any significant part of my day and the odd grand here and there keeps me happy. I usually have a buy or sell number in place just in case something big happens when I'm elsewhere.

  2. #2
    FEAR n GREED JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    8,520

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    Quote Originally Posted by craic View Post
    I find it hard to see where you guys are coming from as far as trading profits are concerned. I have my 18,000 block of spark that I trade. Sold it on Thursday @369cps and could have bought it back yesterday for 358 and gained a cash payment of 18000x11cps but I did not sell as I believe there is more room to drop. If WP goes with Labour there will be quite a crash. I spend time watching the numbers but it does not amount to any significant part of my day and the odd grand here and there keeps me happy. I usually have a buy or sell number in place just in case something big happens when I'm elsewhere.

    Right I think you meant to post "BUY" more SPK ....and thats fair enough ....I guess the first question I would ask is how long ago and at what price did you BUY the 18,000 block you just SOLD...

    You're having trouble understanding my strategy for "Trading for profit" ?? Buy low sell High ...
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

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