Buy Hold or Sell?, page-147

First 147 Last

Share
Profile

Follow
SuperWealthy

7,146 Posts.

850

12/11/15

23:06

Post #: 16385075
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
If you bought $100 000 at the very high of $74.61 on the 10th and sold at the very low of $75.52 today you would have made $1220. However, if you bought at the very low of $73.93 on the 10th and sold at the very high of $77.69 today you would have made $5085. So realistically you would have made profit between $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
If you bought $100 000 at the very high of $27.92 on the 10th and sold at the very low of $28.22 today you would have made $1074. However, if you bought at the very low of $27.57 on the 10th and sold at the very high of $28.93 today you would have made $4932. So realistically you would have made profit between $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
If you bought $100 000 at the very high of $25.48 on the 10th and sold at the very low of $26.20 today you would have made $2825. However, if you bought at the very low of $25.04 on the 10th and sold at the very high of $26.79 today you would have made $6988. So realistically you would have made profit between $2825-$6988

The only concern is if they drop by 1% you do $1000. But after such a big drop from NAB and ANZ going ex-dividend they were a guarantee of going back up, unless the world crapped the bed overnight.

I find this the easiest way to trade personally if you are very busy, as honestly, your money is pretty safe and even on bad days you will only lose $1000-$2000 if you bought at the wrong time.

I hope this was okay to put this in here.

Expand

Good luck. Trading is a mugs game, nobody can pick the market with any consistency and anyone who says they are making buckets as a trader is suffering from selective memory loss.

NAB Price at posting: $28.56 Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Finance school vs reality: What they don't teach you about the stock market

Making money: How many microcaps should be in an investor's portfolio?

There are more pages in this discussion • 39 more messages in this thread...

First 147 Last

Add NAB (ASX) to my watchlist

(20min delay)
Last $38.67		Change -0.280(0.72%)		Mkt cap ! $118.8B

Open	High	Low	Value	Volume
$39.05	$39.12	$38.61	$95.87M	2.473M

Buyers (Bids)

No.	Vol.	Price($)
1	2955	$38.67

Sellers (Offers)

Price($)	Vol.	No.
$38.69	12864	1

View Market Depth

No.	Vol.	Price($)
1	2955	38.670
1	3666	38.650
2	4139	38.640
2	12211	38.630
2	950	38.620

Price($)	Vol.	No.
38.690	12864	1
38.800	56	1
38.850	30	1
38.860	7250	1
38.870	7000	2

Last trade - 16.10pm 28/10/2024 (20 minute delay)

NAB (ASX) Chart

Buy Hold or Sell?, page-147

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Finance school vs reality: What they don't teach you about the stock market

Making money: How many microcaps should be in an investor's portfolio?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Buy Hold or Sell?, page-147

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Finance school vs reality: What they don't teach you about the stock market

Making money: How many microcaps should be in an investor's portfolio?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News