CFD 's these days are fantastic trading instruments to cature big trading positions ....Actually I have 2 accounts set up & transfer $10-15 k into each when ASX all ords. macd's cross below the trigger line .......
Sure enough within a few days its a bigtime drop..as the Dow is in the same situation.
Trade short for a while then watch how far it drops & then try to pick the 'bottom'...
bhp,era ,zinafex ,pdn are on 10% or less 'deposit' & then I go 'long' until close outa the trade.
My bmn cannot be traded 'short'....until they get into the top S&P 200 so they take a hammering but they always jumps up quicksmart........
We have to have these corrections to move up to the next stage so as long as you're prepared its a great way to trade for great gains !! Greed is good with an expensive wife ...hahaha
hartleys buy reco , page-32
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Last
$2.95 |
Change
0.090(3.15%) |
Mkt cap ! $526.9M | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.03 | $2.94 | $1.499M | 505.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1610 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 5480 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BMN (ASX) Chart |