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

STTrading Long weekend thread 8th, 9th and 10th of June 2024, page-42

First 42 Last

Share
Profile

Follow
Ibza

2,655 Posts.

153

10/06/24

19:52

Post #: 74247732
Share

Originally posted by wrighty64: ↑

I trade CFDS with CMC markets and have done for over 15 years anyone considering these products the first thing i would do is open a practice account that's live trading on most but not all things i would commit 6 months of learning that way it allows you to learn all the ins and outs of the platform settings and nuances. Advice i would give is don't spread yourself to wide ie concentrate on a few things and do them well. Generally, i trade commodities Gold, silver copper and natural gas.
There are some 420 odd ASX shares in The main all the blue chips and mid-tier stocks and some pennies have good success at playing BMN, BOE By noting there movement as in when they hit over sold or topping out highs both had trends of gapping up or down on opens had near 70% win rate on those 2 alone. 4X Is the biggest market of all super cheap trading costs and 20x leverage you need to have your head around world events of all types of policy releases big news items jobs financials large corporate earnings and on and on so once again stick with a few and do them well.
Oh and the trading action requires to be up at 8pm to 2am so not ideal hours but that's when the action is on.

Expand

Didn't realise 20x was available. Wow that ain't for the faint of heart!
3 Upvote

0 Great analysis

Reply

Top Stories

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

There are more pages in this discussion • 6 more messages in this thread...

First 42 Last