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Morning Traders 4/11/19, page-2

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VVX565

2,954 Posts.

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04/11/19

09:56

Post #: 41230228
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Originally posted by demoniaco ↑

Thanks for the pre-market open @highlandlad

9:52am: Genuinely surprised I haven't seen a single Christmas reference yet. Retail typically love to shove that down our throats as early as possible... Although it might be because I never leave my house

Trading Tip:
The phrase "Buy low, sell high" is not for amateurs. You'll find that your buy/sell targets will miss the top/bottom 9 times out of 10*.
With this in mind, if you buy the highs of a stock that's trending up, there's a 9-in-10 chance that it's not the top and you'll profit from the move.
The 1-in-10 where you actually buy the top and lose money is simply a cost of business.
*Not a real statistic, but you get the point.

Trading Apparel:

Pre-Market Scan:
Massive +27% gap up on EGA relating to an article on AFR for a 40c takeover bid,

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Nice trading tip mate
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