Short Term Trading Week Starting: 5th Sept

Originally posted by nambo1 ↑

I'd suggest firstly having a look at all the tips that have been compiled at the start of the thread and read the reasons for tipping either TA or FA. If you find anything that interests you, then probably a look at the stock thread is a good idea to get the vibe. Eg some stocks tipped are waiting on drilling results, others have been tipped due to strong fundamentals etc. Then see how far the price has moved since it was tipped and whether you think there are still gains to be had. If you have a grasp of TA, have a look at the chart of the stock you are interested in and interpret the action.

One thing to also consider is your own investing style. Are you more suited to long term trades and can afford to buy in early and sit and wait for price movement or are you focussed more towards the short or medium term?

Also look to see where you have an edge over the average punter in a particular area and see if you can leverage it. Eg someone who has a background in geology can better interpret core results rather than just what the company decides to highlight, or if you have a technological or biochem / pharma focus, you may have stronger FA skills in those areas and can see whether something is smoke and mirrors or the real thing.

As an example of smoke and mirrors, you can't look past LWP and the graphene/aluminium battery tech they have signed up to that is not all it seems.

Finally, if you are new to trading, it is a very bad idea to turn towards the D/T threads for tips. I speak from personal experience. Stay as far away as you can until you have a bit more time in the market. Also remember that everyone posting anywhere ultimately has an agenda so you should always do your own research.

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Well said. By staying away from the DT threads I assume your saying stick to the STT forum i.e. here? What sort of timeframe exactly does this STT forum adhere to?

Am curious about trading more shorter movements as the buy and hold has had a bad run for me and I'd be more willing to buy and take profits when i can, and cu tlosses short as I've had a horrid time as of late on not cutting short when I should have, and not taking profits when I could have. Whether my buy and hold strategy is bust I'm not sure... but thought I'd turn my eye here. Also liking the methodical nature that TA could bring.

I too find the hardest part is finding a trading idea. When you have more experience I'm sure it's alot easier to know or define one when you see it... As for the paper trading suggestion here, does that mean one can put forward their case for a STT trip/trade and see how it goes via the monitoring here regardless of whether a physical trade is made IRL?
Looking forward to monitoring the STT forum abit more anyhow. Will stay away from the DT thread for now - especially given I work full time anyway so I am sure the time commitment factor would get in the way...