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Do you know position sizing and risk management?
one place to start your education if not.
number one IMHO
2- Psychology of how to trade
A lot of great information to help learn about trading/investing here just start with something you find interesting.
how have you determined that companies are cheap?
Sorry I got a little carried away with my thoughts.
This is not investment advice, but for example
buy 10 EFT's with the lowest management fees and every year replace the EFT with the lowest yearly...
Frankie if you want to generate 75K per year look for fund or system that generates at least 6.2% return each year plus tax.
Frankie the sort of questions you are asking gives me the impression you need to spend some time educating yourself about the markets and not be...
yes you have made 20% profit on your Capital before brokerage.
Guess you will know by end of the day.
you buy back with 20% less Capital.
also not really understanding how buying back quickly makes any difference?
In today's climate you could lose 15-25% of your Capital or even more and take many years to get back to the starting Capital you have right now.
what if market goes lower ?wishful thinking?what if portfolio drops by 15-25%?
It might be me but the question or questions seem a little confusing?
Market orders can be filled at any price,
I suspect that the $118 is the buffer allowed that you might pay for the shares above your order.
Can the Trading Cash Account be overdrawn?
Members cannot overdraw their cash accounts when placing a Limit Order. To avoid funds...
Is it a market order or limit order?
I am in a similar boat as you as I traded FX live awhile ago without much success. But have recently gotten back involved, only demo at moment but...
I use standard settings just need to decide which time frame you use both for ATR and entries.
Try using the ATR for determining position size.
I also use it to determine initial stop position.
How low will it go?