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Online Share Trading

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why do people trade vod

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cope
Frequent Contributor
i look at this share from the day it open and there is one thing i do not understand is why do traders trade here. the price is between 51 and 55 and millions trade every day. one day it is half to one % up the next day it is half to one % down and so it goes on and on week after week. the only companys that can make money here is the trading account holders who takes comission on every deal. (they must open a share for that)
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9 REPLIES 9
john_1
Super Contributor
they already have one its called the JSE
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Preston
Super Contributor
The "Q" need to be asked is are you trading the range?
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PLayer
Frequent Contributor
exactly trade the range some nice profit to be made given a nice amount of cash
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cope
Frequent Contributor
how do you trade the range. where can i reed about that. if i look at the range of vod and everyones favorite mtx.
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Not applicable
Remember trading SBK OST u have to price +- 5,5% in for brokerage, slippage, and spread per trade
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Salv
Frequent Contributor
Quik question, what does slipage refer to ?
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cope
Frequent Contributor
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Not applicable
One of the 3 Big Killersc from "The Holy Grail" (by SPB)
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GarethJ
Regular Contributor
In layman's terms slippage is the difference between expected and actual selling price. e.g. If your trading system (or stop loss) triggers a Sell at R100, you may eventually only sell at R99.25. Especially relevant if the price is dropping fast e.g. Bid prices drop faster than you can place the Trade.
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