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.
Couldn't agree more, sitting money in "blue chips" is a waste of...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.57M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $7.57K | 1.345M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 6208472 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1874863 | 1 |
View Market Depth
| Last trade - 15.07pm 02/07/2024 (20 minute delay) ? |
| GGE (ASX) Chart |