Hi intermilan04, Well, you have something promising, at least in the sense that the volume for the past quarter is up about 50 percent over the volume of the past year. Assuming price is rising, you might want to investigate further.
But really, there is just no "volume" to speak of. There is nobody who seems interested in putting a *lot* of money into this issue. That could simply mean the float stinks, or it could mean the company stinks, or something else. But you can't *trade* a stock like this, nine times out of ten. You *can* *invest* in a stock like this (buy and hold on for some considerable period). It's just not deep enough to swing money around on a short term basis, however. I can just imagine the spreads. Try trading something that has a daily turnover of 10 million dollars or so. There's enough money coming in and out that, if you get the direction right, you won't be killed being the only one coming in or the only one going out when you trade. You will still make mistakes. They just won't kill you if you take care of them as soon as you recognize them. You certainly need to prove you can get direction right with a very liquid stock before trying to trade illiquid ones, anyway. I realize you are fairly new at this game, and that is just fine. Everyone once was. But when you are new, especially, you want to get in and out without a ripple on the pond -- invisible. Yuki Thursday, August 31, 2006, 12:27:47 PM, you wrote: i> Here are the results: i> 60days: $797,633 Dollar-Volume i> 120days: $713,400 i> 240days: $553,708 i> intermilan04 i> --- In [email protected], "intermilan04" <[EMAIL PROTECTED]> wrote: >> >> Hi Yuki, >> >> Let me do some simulation with Amibroker and get back to you on this. >> >> intermilan04 >> >> --- In [email protected], Yuki Taga <yukitaga@> wrote: >> > >> > Hi intermilan04, >> > >> > Thursday, August 31, 2006, 9:56:24 AM, you wrote: >> > >> > i> I believe my case was the latter. Today I was trying to buy 900 >> > i> shares of a 5-dollar stock and got caught. I am now making change >> > to i> my volume limit so I won't make this mistake again. >> > >> > What is the average dollar volume per day of the stock over the past >> > 60, 120, and 240 days? >> > >> > Your order is quite small of course. Five dollars times 900 isn't >> > even 5 thousand dollars. It should be like a drop in the Pacific >> > Ocean when compared to the market for that stock. If it isn't, that >> > fact has nothing to do with either the numbers 5 or 900. It has to >> > do with the average closing price times the number of shares traded >> > over some significant period of time. >> > >> > Yuki >> > >> Best, Yuki Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For other support material please check also: http://www.amibroker.com/support.html Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
