Recent content by vk2cjc

Hi folks. I am very new to all this. Been tentatively trading for 2 months. Lost a little, but made more. Still very much in the "steep learning curve" phase. I have been reading about scalping. Its a style which suits my personality and I want to try this sometime in the future. When I...

Re: Commsec stop loss. How does that work???? So thats means, on a high volume stock, you will get $1 (or very close to $1). Cool. Thanks.

I know the moderator wants these Commsec questions under Brokers in the Commsec Q+A thread, but I poted there and nobody noticed it. So here it is. (sorry moderator) Commsec conditional trading triggers... On a falling sell, triggering at $1.00 with sell limit of $0.90 Does that mean...

OK, the moderator chap seems to want all Commsec questions in this thread, so heres another. Commsec conditional trading triggers... On a falling sell, triggering at $1.00 with sell limit of $0.90 Does that mean that the falling stock will sell when it falls to $1.00 but not if it goes...

Re: Beginner looking for adivse I have been reading about head-and-shoulders patterns. But missed that one completely :) I guess I was thrown by the 10% difference in shoulder hieght.

Hi all. I'm just starting out and would appreciate the benefit of your collective wisdom. Firstly. When using a moving average to indicate a good buy point. Are you guys using a 20 day MA? That seems best to me, or at least to suit my level of risk. In the above, the stock is turning...

The under $5 comment has some merit. I am a very new beginner to this, but even I have noticed that shares at $1 or $2 tend to move bigger percentages than $10 or $20 shares :)

Re: Another Commsec question That sounds sensible to me. Thanks.

Hi folks Another Commsec querie. If I buy 100 shares, get charged brokerage. then buy another 100 in the same company, get charged brokerage again. Are these 200 listed together in the same line in my Holdings page? Or are they considered two seperate trades? Can I then sell all...

Re: Commsec T+3??? Thanks. I thought as much, but had to check. cheers Jack

Hi folks. New to trading. I have an account with Commsec. They say they will offset the funds. And have a slightly clumsy exaple on their help pages. If I sell stock, do I have to wait T+3 to buy stock with that money? Or will Commsec stand me good for funds owed? cheers Jack

Hey Pixel Thanks for the reply. I was more concered, after reading the ATO website, that I may end up being forced to declare myself a business. And that might officially become a second job with higher tax rates. Although it may be some time before my profits cause the ATO to notice me...

Hi all. I am new to this forum so apologies if this has been covered before. I am also new to share trading, in fact I havent started yet, still reading and learning. I am bit puzzled about the tax situation. Obviously we have to pay CGT on profit. Which is calculated at our normal tax rate...