Normal
I am assuming you meant 100k, not 100000K.Placing 80% of capital in a pretty bubbly SAAS stock trading at 50x revenue is probably a bit higher risk than desirable. And I'd suggest it is not the most prudence advice to the uninitiated. ACX would be a good example of the consequence of an adverse gap.Nice stats! Continue to build on the process and improve the frequency of trades. The percent increase will come down but as long as the total $ profit goes up that's what you want.The gap risks are real so definitely keep that in mind if you haven't already. It's like wearing seat belts when you drive - You hope it's never needed but it's prudence for any driver. Dial back the leverage as your account grows.
I am assuming you meant 100k, not 100000K.
Placing 80% of capital in a pretty bubbly SAAS stock trading at 50x revenue is probably a bit higher risk than desirable. And I'd suggest it is not the most prudence advice to the uninitiated. ACX would be a good example of the consequence of an adverse gap.
Nice stats! Continue to build on the process and improve the frequency of trades. The percent increase will come down but as long as the total $ profit goes up that's what you want.
The gap risks are real so definitely keep that in mind if you haven't already. It's like wearing seat belts when you drive - You hope it's never needed but it's prudence for any driver. Dial back the leverage as your account grows.
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