Hi Andyrooooooo,
A big thank you to you and the Gamefisherman.
Can't contain myself with my little foray into more medium term investments.
I read that book you mentioned - Unholy Grails- A New Road to Wealth - by Nick Radge.
Most of his book is more related to the bigger end of town and how they comfortably invest in the ASX200 with very low risk.
A pretty boring game, but the 20% flipper was a real eye opener.
The Gamefisherman's comment about the 20% got my head going, and I've started to look at ways to find these gems.
Rather than hours of scrolling through 2000+ graphs on ASX, I've adopted a once a week look ( to get rid of noise) on the Top 500.
Essentially find a company with recent 20% gain which seems to set an uptrend, and follow with trailing sell.
It beats FA (hours of research) and TA (predicting turning points).
Still refining the finer points on selection criteria, and will reveal more detail as confidence improves.
