There is really no reason to play the speccies, as the "so called blue chips" will return you a good result. Since spending a lot of time studying the market and actually having a business plan in place along with a set of guidelines (not rules), I have acheived a 20% return on my money in 4 months. This equates to 60%pa. I still have money for trading in lesser companies (ie ELX, BSO etc) which I only trade in 2-3 times a year.
A lot of people on this site seem to be gamblers (although they prefer to call themselves traders), which is why some 75% of the stock you have mentioned have lost money.
Dave.
Ok I'm waiting for all the negative comments from the usual tribe.
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15 | 515 | 64.790 |
11 | 360 | 64.780 |
12 | 370 | 64.770 |
14 | 416 | 64.760 |
Price($) | Vol. | No. |
---|---|---|
64.810 | 81 | 2 |
64.820 | 139 | 5 |
64.830 | 177 | 5 |
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