ANZ 0.38% $28.76 anz group holdings limited

Just asking, but does anyone trade blue chip shares short term?...

  1. 6,035 Posts.
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    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.
 
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$28.76
Change
0.110(0.38%)
Mkt cap ! $86.21B
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$28.75 $28.85 $28.64 $12.99M 451.6K

Buyers (Bids)

No. Vol. Price($)
10 1146 $28.76
 

Sellers (Offers)

Price($) Vol. No.
$28.77 1990 9
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Last trade - 10.36am 08/07/2024 (20 minute delay) ?
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