THL - Tourism Holdings

[Blendy]

yeah it is a bit hard to see how all the tiny single digit trades are sensible in any way. Surely the average person doing their own trading is not going to pay $30 to trade such tiny quantities.

I'm just hoping that the rest of my trade goes through because the trading fee certainly makes it an unprofitable trade, even before i look at any loss i'm making in selling.

[couta1]

yeah it is a bit hard to see how all the tiny single digit trades are sensible in any way. Surely the average person doing their own trading is not going to pay $30 to trade such tiny quantities.

I'm just hoping that the rest of my trade goes through because the trading fee certainly makes it an unprofitable trade, even before i look at any loss i'm making in selling.

Nothing to do with an average person, it's all machine controlled trading.

[dodgy]

Hi,
And who do you think controls the machines ? Retail investors ? .
Its a scam? Or - please provide any valid reasoning .You decide.
-d

[Brain]

yeah it is a bit hard to see how all the tiny single digit trades are sensible in any way. Surely the average person doing their own trading is not going to pay $30 to trade such tiny quantities.

I'm just hoping that the rest of my trade goes through because the trading fee certainly makes it an unprofitable trade, even before i look at any loss i'm making in selling.

this is the Sharesies effect. I think we are just going to have to get used to it.

[couta1]

this is the Sharesies effect. I think we are just going to have to get used to it.

Yep Sharesies have caused a lot of these problems of late but the NZX has turned a blind eye.

[BlackPeter]

Yep Sharesies have caused a lot of these problems of late but the NZX has turned a blind eye.

What exactly is the NZX supposed to do in your view? Sharesies and their price structure do allow buying and selling of individual shares (or small numbers). Nothing illegal with that. Maybe the other brokers will need to look at their price structure instead.

[dodgy]

Yep Sharesies have caused a lot of these problems of late but the NZX has turned a blind eye.

Sorry guys this is rubbish,
Complacency is and will cost all.
d

[couta1]

Sorry guys this is rubbish,
Complacency is and will cost all.
d

Afraid not but I'm not going to argue with you, do your own research instead.

[dodgy]

Afraid not but I'm not going to argue with you, do your own research instead.

I am sorry to offend you Couta but I fail to understand how anybody can make a profit on a 1 share etc, trade. The accounting proceedures alone cost - if any are being done. Please explain how for me and no doubt a few others.
d

[couta1]

I am sorry to offend you Couta but I fail to understand how anybody can make a profit on a 1 share etc, trade. The accounting proceedures alone cost - if any are being done. Please explain how for me and no doubt a few others.
d

Its not about making a profit on 1 share but rather clogging the market up with tiny bot orders on both the buy and sell side and controlling the price.