Morning Trading August 6, page-158

  1. 10,547 Posts.
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    Yes FXM but far more money can be made at times by not having large exposure to the market in perceived turbulent times, I’ve reduced my exposure in the ASX by 2/3rds the past 3 months, mainly was large Blue Chip and Mid tier exposure but I figure atm I’m well up maybe 20% on most now by removing the risk and accepting the horribly boring return of 5.5 fixed for 12 months $$$$$

    Interesting times atm in the markets anything with out revenue physically incoming is going to get smashed till 2025 imo even with incredible prospects, but also some extreme star bargains will present in the spec end in particular, and that’s what I’ve cashed in my Blues mainly for, and waiting for the extreme bargains to present over the coming months imo.

    Enjoy crew, I’m loving the smell of cash atm an abundance of it TBH $$$$$

    GL crew, very interesting and testing 5 months left of 2024 for the markets imo
 
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