DayTraders After Market Lounge Monday 12th April, page-21

  1. 32,662 Posts.
    Couda been more aggressive and got some IAM at 3.4c for a few $$$s.

    Otherwise only took profit on PHK.

    Infidel. That is a slightly random trading method.

    DT stocks should have near 100% chance of going up from buy price in near term.

    It should not be guesswork either.

    Yep, can be boring, but I do other stuff for fun.

    The only variable for me is the rate of SP increase based on my assessment of how good the trade is that's presented (based on my experience). Then I increase my bet as my odds improve.

    If stocks are going up and I can't see a FA/TA reason then I don't buy them.

    If things not going to plan I cut trade asap. Not often.

    Today, first touch of IAM at 3.2c wouda been good opp. if there was some vol. But SP was moving very weakly and I didn't like to buy higher.

    No. I don't do a lot of trades in a day.

    Also. ASX is not a level playing field. You must constantly adapt to changing conditions. That is the usual reason I find trades harder to get.
 
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