Australia's largest stock trading and investment forum Australia's #1 stock forum

Weekend Aftermarket Lounge 20th -23rd March, page-220

First 220 Last

Share
Profile

Follow
Wazza3006

15,678 Posts.

102

22/03/15

12:01

Post #: 14957429
Share

Originally posted by mitta ↑

Hi Jaded, one can enter a short anytime they wish .. as long as it is allowed by the broker .. I would imagine you can only short TON with a CFD .. but not sure cause have never used anything else ..

Best though to only be looking for a short position/scalp with confirmed weakness in the background .... if there is none you are running the same gamble when some buy long on a stock that is plunging and expecting others to support it/buy... ahhhhh

atm the intraday chart does not mean much cause we've only had the one big splash day .. need a few more days for it to pan out .. .. like add some meat to the bones so we can see the potential weak areas ... and these areas will likely not be in way concerned with previous resistance .. I mean this upcoming action will create its own weakness/resistance areas and that will be seen on the chart.

View attachment 52568

Expand

@mitta

I read this great post

http://hotcopper.com.au/threads/wee...480409/page-176?post_id=14956789#.VQ4Sy-GDo2E

and watched this outstanding video

http://hotcopper.com.au/threads/wee...480409/page-185?post_id=14957114#.VQ4TQeGDo2E

So I was wondering where is the greater profit to be made?

Buying the ramp on the way up OR Shorting on the way down? Is this a valid question?
1 Upvote

Reply

Top Stories

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

There are more pages in this discussion • 57 more messages in this thread...

First 220 Last