Share
3,119 Posts.
lightbulb Created with Sketch. 88
clock Created with Sketch. 13/11/15
07:25
Share
Originally posted by rememdium
↑
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$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$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$2825-$6988
Expand
Absolutely nothing wrong with trading the big cos. The small cos are often a lottery. The big ones have a lot of eyes, a lot of press and a lot of analysis and I find it is easier to form a more accurate conclusion on their underlying value, regulatory risk and trend. One can also trade the big cos with options which allows a clear limit on losses to be set when the strategy is setup at the beginning and you can also gear when you think there is something that is a high probability so that a small move in your favour is amplified (of course the reverse is true too).
(20min delay)