First or all I'm a medium to short term trader that specifically uses CFDs as a a mechanism to trade equities. I find that this suits my mindset better than the buying and holding of physical stocks. At the same time, I've done a lot of both and I don't see that there is major difference if strict money and risk management are utilised and margin limits are never close to being utilised.
I won't go into the fundamentals as that's been covered already to a better level than I am willing to go into and I'm pretty happy with whats been posted in this area.
I have traded A2 milk on the way up from $3, originally holding a position between $3 and $7.80 and then opening my most recent deal on the breakout the day before results at $8.60 which I closed at $13.61.
The 50% rise over two days was bound to lose steam as any experienced trader could see so taking profits was wise on my behalf and fits my methodology. However I see A2 as a massive long term gainer and will jump back in again when my technical indicators give me the go ahead.
All the best and DYOR.
A2M Price at posting:
$11.77 Sentiment: Hold Disclosure: Held