Quote:
Originally Posted by erick
One thing I thought I heard about online trading is that when the rush is on, you may not be able to get on to complete your buy/sell and can only watch prices in dismay? Didn't then happen in the last stampede? Can that be a problem with an online trading strategy?
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With commsec you can place a fixed price buy or sell order into the system at any time and its valid for the day only, or 20 days, your choice.
You can fix a price or you can buy/sell "At market" which means it should trade immediately at whatever the current bid/ask price is.
What i dont think you can do is set a trailing sell
Quote:
Originally Posted by xelasnave
It is not investing it is gambling.
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For sure playing the ups and downs can be considered gambling, but there are risk management strategies that can be employed. I wont pretend that I know much about that yet.
Quote:
Originally Posted by mrsnipey
'there is no trend'.
Just when you think you've worked one out, the market does the exact opposite to what it's 'supposed' to do.
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Tell me about it.
Monday: The All Ords shoots up after gains on Wall st on Friday.
Tuesday: AO drops even though Wall St climbed again in the last session.
Today: AO rising even though Wall St dropped wiping out the last two sessions gains.
Huh?
