Just asking, but does anyone trade blue chip shares short term?
CBA - you could have bought CBA on Nov 10th for between $73.93 - $74.61. You could have sold today between $75.52 - $77.69
If you bought $100 000 at the very high of $74.61 on the 10th and sold at the very low of $75.52 today you would have made $1220. However, if you bought at the very low of $73.93 on the 10th and sold at the very high of $77.69 today you would have made $5085. So realistically you would have made profit between $1220-$5085
NAB - you could have bought NAB on Nov 10th for between $27.57 - $27.92. You could have sold today between $28.22 - $28.93
If you bought $100 000 at the very high of $27.92 on the 10th and sold at the very low of $28.22 today you would have made $1074. However, if you bought at the very low of $27.57 on the 10th and sold at the very high of $28.93 today you would have made $4932. So realistically you would have made profit between $1074-$4932
ANZ - you could have bought ANZ on Nov 10th for between $25.04 - $25.48. You could have sold today between $26.20 - $26.79
If you bought $100 000 at the very high of $25.48 on the 10th and sold at the very low of $26.20 today you would have made $2825. However, if you bought at the very low of $25.04 on the 10th and sold at the very high of $26.79 today you would have made $6988. So realistically you would have made profit between $2825-$6988
The only concern is if they drop by 1% you do $1000. But after such a big drop from NAB and ANZ going ex-dividend they were a guarantee of going back up, unless the world crapped the bed overnight.
I find this the easiest way to trade personally if you are very busy, as honestly, your money is pretty safe and even on bad days you will only lose $1000-$2000 if you bought at the wrong time.
I hope this was okay to put this in here.
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Open | High | Low | Value | Volume |
$28.42 | $28.55 | $28.24 | $35.73M | 1.261M |
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No. | Vol. | Price($) |
---|---|---|
16 | 8447 | $28.25 |
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Price($) | Vol. | No. |
---|---|---|
$28.26 | 352 | 1 |
View Market Depth
No. | Vol. | Price($) |
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19 | 4095 | 28.260 |
12 | 8017 | 28.250 |
13 | 9852 | 28.240 |
9 | 5227 | 28.230 |
6 | 4067 | 28.220 |
Price($) | Vol. | No. |
---|---|---|
28.270 | 5757 | 16 |
28.280 | 7903 | 18 |
28.290 | 6539 | 20 |
28.300 | 4781 | 11 |
28.310 | 5104 | 12 |
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