@CaptainBarnacles don’t know if you remember I mentioned to you about 2 months ago when SAR and ASL dropped 10% recovered to about6%fall, the stock market is a Wild ride, but the 10% drop seems to be the magic number and 5% drop is another like what happened to COH and CUV in the last few days.
it is like a magic door opening to me, people don’t believe me but my average yield for the past 3 months since full time trading averages about 1.5% each business day.
please read into Takeshi kotegawa,https://www.google.com.au/amp/s/amp.*.com/japanese-trader-claims-he-made-millions-on-monday-2015-8
, and Jesse Lauriston Livermore, about their trading and investment strategy
the best quote for me is no longer from buffet “be fearful when others are greedy, and greedy when others are fearfull”,but now from Jesse not exact words but along the lines of never too low to sell and never too high to buy. You never know what will happen the next day, I close my position within 24 hours regardless of loss or gains (almost all at a gain), 90% within same day.
I now make money regardless the broad market is falling or rising, when neutral and dropping the 5-10% drop is a mark I look for and when rising I look at US and AUS futures, particular sector performance eg oil, minerals, lithium, tech, consumer, defence(medical,retail, utility)sector.
like always please do your own research, I spend 10 years of my life from 25 until now trying to understand why I was always on the losing side, it is not how much you put in the market that will yield you the most but rather the compounded return after realising the gain( sell and buy) and reinvesting the gain.
my strategy is one of the most difficult and I wish all the best for anyone that follows or not follow it, but regardless of your stand on it please read into the three people I posted as if will give you a fair understanding of how they made their riches.
P.S I made 2.5 % on each of the companies mentioned
and URW yesterday
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Last
$6.58 |
Change
0.010(0.15%) |
Mkt cap ! $5.027B |
Open | High | Low | Value | Volume |
$6.54 | $6.63 | $6.49 | $23.79M | 3.628M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2622 | $6.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.58 | 41225 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 56746 | 3.990 |
2 | 83639 | 3.980 |
9 | 191368 | 3.970 |
7 | 254997 | 3.960 |
6 | 144377 | 3.950 |
Price($) | Vol. | No. |
---|---|---|
4.000 | 304134 | 13 |
4.010 | 150853 | 9 |
4.020 | 176258 | 9 |
4.030 | 298519 | 10 |
4.040 | 101701 | 4 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
WHC (ASX) Chart |