Short Term Trading Weekend Lounge: 12-14 Jan, page-98

I follow JB, but only because he became a part of WFE which I already owned. @TheGladiator and @Zestfulmocha because I have learnt a lot from the their comments in the WFE threads. I will add more from HC over time, but I only set up an account on the 11th.

I have only been trading since mid 2017 and only got my first stock at the end of Oct. But the platforms or websites I use are *********.com.au mainly for the ultimate guides on stocks, I find that it helps to narrow down the search field when looking for certain stock. HC, but usually only after I have found something I am interested in and want to read what people think about it. And CommSec which is my trading platform as well.

I would like to share the way I research and see what you think of it or what I could add, as I am new to all this. But basically I will go to recommendations on CommSec then undervalued then mining which usually gives 400-700 companies, after which I will go through them until I have around 10-15 which are .005 and under. Then I will good through their share price history looking for a big drop in the last year or two, because I am looking for companies which are down, but used to be good. This usually cuts it down to 3-5 companies then I research them.  Sometime there is nothing, other times I will add one to my watch list. And if I do invest I will only invest 1000 max at .002 and then if the company looks like it is going to go I will put more in at .004 or .005. that way my only loss is 1000$ if it all goes wrong.

Please feel free to rip apart how I research if you don't think it is a good way to do it. I prefer to learn as much here as possible, rather then learning the hard way.