I like the stability in TLS but i find the movement too slow and...

First 536 Last

Share
Profile

Follow
hopper

1,510 Posts.

2

23/03/19

21:17

Post #: 37864057
Share

Originally posted by fasttrade ↑

Hopper, mostly TLS yes. Sometimes NAB and NCM. Over the years, I decided to choose one big ASX stock and stick to it and learn its movements and behavior well. The more time you spend with it, the better you will know it. Practice makes perfect. And why not apply this to trading a stock and become very good at an activity that can make you money.

RWC is not a stock. It is a mentality I came up with that stands for "Relax with Cash". It is what I recommend doing most of the time while waiting for the right time to enter a stock. I have found that to make money trading, you need to be patient and just relax with cash for most of the time, that is, hold cash and wait. Example, 70% of time should be holding cash and not placing a trade, placing a trade only 30% of the time. Example, in the space of 1 year, be in cash for most part of the year, say 8 months. The remaining 4 months will contain the opportunity to buy low. Placing only 4 good trades per year will make you enough money.

Expand

I like the stability in TLS but i find the movement too slow and my stake is not high. Each trade a couple of thousands is not going to get to paying down my mortgage before I retire or i have to sell up and downside.
The volatile ones if i get it right I make a few thousands and when I miss the run i lose a few thousands. I am able to be near a computer during the day to chart the movements just relying on TA posters. Some like yourself are very good at it. I have not been able to discipline myself to do stockchart school link you sent me just not enough time to the day.

TLS Price at posting: $3.28 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 24 more messages in this thread...

First 536 Last

Add TLS (ASX) to my watchlist

(20min delay)
Last $3.92		Change -0.030(0.76%)		Mkt cap ! $46.33B

Open	High	Low	Value	Volume
$3.95	$3.95	$3.90	$69.01M	17.63M

Buyers (Bids)

No.	Vol.	Price($)
3	271136	$3.91

Sellers (Offers)

Price($)	Vol.	No.
$3.92	282151	15

View Market Depth

No.	Vol.	Price($)
9	444562	3.310
33	2195109	3.300
32	2624483	3.290
25	449073	3.280
15	239418	3.270

Price($)	Vol.	No.
3.320	615667	9
3.330	2958318	59
3.340	1762379	73
3.350	2779599	159
3.360	300605	39

Last trade - 16.10pm 27/09/2024 (20 minute delay)

TLS (ASX) Chart