I've been doing intraday trading on the ASX200, focusing on reversals. I had a period where everything was going great. Then things started to go bad. Now things are going great again. Three lessons for me:
1. Stick to ASX200 - don't go for other indices, which are more complicated.
2. Stick to morning only because the leads and energy are clearer.
3. Don't over-trade. Just stick to strong moving days.
4. Don't jump in too early. Make sure the price has reached an extreme.
Perhaps these lessons will help others.
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |