BTW, I have thought of a method of being able to trade properly.
What I need, is some really violent stocks, that have a 10%
chance of going to 10 times their value, and a 90% chance of
losing the lot. Then I'll buy 10 of those stocks, and the
one that goes up is the one that I don't sell. The ones that
go down, are the ones that I sell, to make an immediate capital
loss (but on average, I'm still worth the same).
Then for the next few years, I can trade like mad, to make up
for that capital loss!
What a brilliant idea!
Can you please give me the ASX codes of 10 stocks that have a
10% chance of going 10 times value, and 90% chance of losing
the lot. Thanks + bye. Paul.
P.S. If that is too difficult, it may be possible to do with
options.
E.g. buy MAY option for $5.00, PDP option for $2.50. I lose my
MAY, but get the PDP. So then I exercise the PDP, buying PDP at
a super-low price. Hmmm, I'll have to think about that one at
a different time of the day. I read the CGT booklet, and the
options bit was quite complicated.
@EOT:
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* Origin: X (3:711/934.9)
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