Thanks @highlandlad
9:52am: It feels like Summer the past few weeks. No complaints.
Trading tip:
Most of what you read in books and watch on Youtube about trading on fundamentals and technicals do not apply to ASX Micro cap stocks. Stick to barebones basics like horizontal support/resistance, major trend lines and fibonacci levels. You're better off gauging sentiment about certain hot-sectors, or how good a story is of a micro-cap and riding the wave.The lure of "Omg this $7m market cap stock could be a 10,000%+ in a couple of months!" will never fade, and these stories are what pump up the micro-caps. There's always a sucker with a dream; these are the people you make money off of.
Trading apparel:
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- Morning Traders 11/11/19
Morning Traders 11/11/19
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