Trading
My newbie trades review & tips for using SAXO
By Rainbow Coin  •  September 15, 2018
It's been slightly over a month since I started out on my Jedi journey (here are my previous 2 trade-related posts - Pair trading adventure I & II). It has been a fruitful month as overall my SAXO account has some gains, thankfully, instead of having to pay 'school fee'. Research and charting has been time-consuming and there were times when I "analysed till paralyzed" then decided to just sit on the sideline. I do mostly swing trades and typically closed them within a few days. As my positions were small, my commissions were a substantial portion (%) deducted from my trading account. Broker is indeed the big winner regardless of whether we win or lose. To so-called maximize my commission paid, there are 3 ways which I could think of: 1) Enter fewer but bigger positions in strong trend (which means I have to utilize higher margin) or ......
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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