ASX 3 days down in a row...correction time now?
- Thread starter r3ckless
- Start date
Aren't we already following the US turk?Btw hi mate 
Anyhow look at the unemployment fiigures,it's in line with the US.
Media has rasberried in oz that 120,000 jobs have been created in the last month,to which 104,000 were part time and alot more unemployed looking for work.
What does this do with the ASX?
If in doubt,i may well ask?
Thankyou mate
Anyhow look at the unemployment fiigures,it's in line with the US.
Media has rasberried in oz that 120,000 jobs have been created in the last month,to which 104,000 were part time and alot more unemployed looking for work.
What does this do with the ASX?
If in doubt,i may well ask?
Thankyou mate
Yeah, it could go down. But then again, it might go up. On another note, it could go sideways.
Looks like you got it all covered.
Thank you for your positive feedback Mr.F but i'm disappointed you didn't add an image ha ha.
One must keep their finger on the pulse, Aaron.
3 Days are not that important,and sometimes it's very easy to construct a theory in ones mind but most investors just observe the events after not before plus it's been in the 8 year range from 2008 ,and maybe we hit the ceiling a few weeks ago,i still think it's going to be a "Black-October" and I'm cashed up for which ever way it goes..imho..
Comsec but I have never tried options before. I need to attend a course and read a book to learn.
u better off playing CFDs than options
quicker and riskier put the right punt can give the right returns.
quicker and riskier put the right punt can give the right returns.
Relying on your anatomy to make choices seldom works out well, look at teenage pregnancy stats
I've got no idea where the markets are heading, so invest accordingly
Love people who try to replicate property strategy in shares by gearing. Now that they're being margin called, time to pick up some loot over corpses.
This is a controversial topic.
CFDs versus options. CFDS easier to understand and trade but unlimited losses.
Options harder to understand due to many variables and strategies but limited losses.
Relying on your anatomy to make choices seldom works out well, look at teenage pregnancy stats
I've got no idea where the markets are heading, so invest accordingly
It worked with the Mrs.
I delegate most of my investment decisions to folks who know more than I do nowadays. Might cost a little bit extra, but I figure I'm paying fees to feel less stressed than doing it myself and therefore hurts my guts less.
No, you can face unlimited loss with options too
naked call you face unlimited loss
naked put you could lose the whole value of the contracts, though limited to its value and no more.
if you buying options then your loss will be limited to premium you paid but you face time decay.
options is more complicated, I wouldn't do options if you not experience with the market and the stock you want to options over
having said that it is a very powerful tool to enhance your return as well
as managing risk.
most retail platforms now support options but liquidity isn't that high and fees is fairly high as well but if you deal large contract value then it is bearable.
maybe 50K+ contract
