Thanks for reply and appologies for late on a Friday night re reply (somewhat sadly
Anyway, interesting thoughts in your post there especially the observation that prices used to fluctuate more rapidly to the downside. I think I can actually remember a bit of that. Selling probably becomes more of an art and chasing trades becomes a big no no. Thats the part I remember, chasing a trade and sitting on a 30% loss three days later... Hahahaha. More of pro traders market.
I think now suits me. Im not really much of a trader. I was doing well just trading gaps for a while but almost zero time now. Im doing what I suspect a lot of people do which is just trading based on relative capitalisation, manouvering around raises, sector sentiment and just prior knowledge memory. Messy...
Its going alright because I think a lot of these companies are dirt cheap on a historical basis. Go early and go a bit harder.
Value traps are the ever present danger but we value traders have some rope and perhaps for a while. The true traders will always make money in any market though.
Have a good weekend day traders forum
- Forums
- ASX - Day Trading
- Morning trading October 29
Thanks for reply and appologies for late on a Friday night re...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)