Day Trader’s Aftermarket Lounge 6 July 2020, page-16

  1. 7,636 Posts.
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    CWX holding a small amount from ave 19.2 since 2 July thanks I think to @pustayo.
    TMZ sold at 4.7 later in the the day after missing the open. Bought 2 July at 2.9. Holding another parcel in IG at 2.5.
    HWK caught up in the hype last week on this and initial parcel was at 2.3, have bought further parcels at 1.8 and today at 1.6. Ave overall is 1.8.
    SWM holding at 9.9 after putting an order in when it was trading 10.5/11. Should really have put the order in at 9.6/9.7 in hindsight. Have done this successfully on a number of stocks. Watch them playing silly buggers, millions changing hands 10-12c people making pips here and there and just sit there patiently waiting below 10 and eventually gets hit. Not an overnight thing but can make good coin if willing to wait it out. Played this strategy with NAE but used 005 as the base. Got in easily with 1k and immediately put sells in for 007 and 008. They got hit giving me 50%. Now I can trade with IG wont cost as much for brokerage either. Those three trades cost me 50 bucks with commsec, would have cost me 15 in IG.
    BTW got a reply from Commsuc regarding my query about discounting my brokerage rates. I thought as I had spent 4k in brokerage over 3 months they would reduce my rates, but then I saw @kenjikool post his 32k in brokerage I thought well good luck with that.
    Here is their reply, lol:
    https://hotcopper.com.au/data/attachments/2276/2276840-41231c76da3ee24e64729a530b30ef55.jpg

    Paying this already, as is everybody else.
 
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