QUOTE(ronnie @ Jul 31 2024, 08:16 AM)
actually for small portfolio trading that amount is quite decent100 lots = 100 x100 = 10,000
Bought at RM0.8 = RM8,000
Had it gone up 10%, he would have gained RM800
before deducting fees etc. which would be about say RM 16 -RM30
still a sizable chunk
and if it were sold at say RM0.82
that would be about RM200 of gains before deduction
still have about RM170 or so of profit
and then if cut loss at RM0.5
ouch that's RM 3000 of realised losses
in addition to about say RM 16-RM30 of fees and taxes
unfortunately, that would be painful.
Really painful.
Jul 31 2024, 11:07 AM

Quote
0.0129sec
0.58
6 queries
GZIP Disabled