Couldn't agree more, sitting money in "blue chips" is a waste of time. Much better off putting money in bank.
Mid last year I changed my strategy from buy and hold (and hope) to buy on bullish indicators and then sell when they reverse. Generally hold for 7-14 days, much lower risk more enjoyable and more profitable. I also limit trades to liquid stocks with market cap of between %50m - $500m.
I also get out if the stock turns down by 2-3% or up by 10-15%.
GGE (and NSL) are exceptions to this rule as I bought before my strategy change.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.47M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4650001 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 1463800 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4650001 | 0.004 |
5 | 4050000 | 0.003 |
6 | 3200000 | 0.002 |
4 | 5500000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1463800 | 2 |
0.006 | 525000 | 2 |
0.007 | 761000 | 2 |
0.008 | 450000 | 1 |
0.010 | 200199 | 1 |
Last trade - 16.16pm 23/08/2024 (20 minute delay) ? |
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