Recent content by Mononoke

What does ROC mean. if a company is showing 25% on its balance sheet is it a good thing

Hello again, I've been at this for about 4 months now and I'd like to share my experience. As most people advised day trading didn't work too well for me. :mad: I lost about 20% of my capital and that was that so I gave up. Instead I decided to do alot of short term swing trades mostly...

I understand the bit you have written. so you're saying orders come in tight lumps, and the price literally hops to the next level. and the whole process repeats again. How does the supply side work, do you get a bunch of sell orders in bursts o is the supply side more homogeneous.

Thanks that was very informative. I was thinking how to use volume more and realized that the most fundamental indicator for price has to be supply & demand ratio, there is also no lag involved here. So even if the type of font desk transactions don't take place this is still a good indicator. IMHO

Thanks, Can you be specific. I'm a total newbie:D

Is the bid volume ask volume ratio good indicator for entering the market.

I have a question? in a classic break out you get the initial price movement up and then it comes down a little and turns around again. I know that the volume of the second upward movement is important. But how important is it's velocity or the percentage price growth of that stock over a...

I am very thankful for the advice. i didn't mean to sound condescending at any point, I'm sorry if i came off like that. I was never planning trade a massive number of positions anyway. I was thinking of holding one or two positions a day provided the entry conditions are met, and then set up...

Thanks. It'll be an interesting exercise, i'll try and update this thread with my performance. Cheers! :)

I also part of the reasons they can maintain that level of transaction costs, is because there is money to be made at that level. otherwise, transaction costs would drop dramatically. Brokers simply want more trade, for them there is virtually no cost involved with adding an extra customer. Why...

No worries mate. I don't like doing long term trading, I don't have a lot of capital. Part of the problem here is that the government charges a .8% tax, they do this because there is no taxation of capital gains in this country. I'm sure they can scale that 1% down to .1 or something like that...

Yeah, i think i get your point. Thanks.

Thanks That was very sobering :( Anyways i want to get into trading but my capital is very small, $4000. Can you give me some advise about what sort of trading i should get into. The market here is very volatile, out of the 250 of companies registered there at least 5-6 that make 15+% gains...