AVZ 0.00% 78.0¢ avz minerals limited

Even for a Dumbo like me this is a pretty simple (and reasonably...

  1. 260 Posts.
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    Even for a Dumbo like me this is a pretty simple (and reasonably safe) stock to day trade.

    I hold a long term parcel, which I have been slowly adding to as funds come along, I also have a small chunk of day trade cash, usually $20-25k that is will use to day trade with, buy the dip and wait for the pop, sometimes it is in a day, sometimes over a couple of days.

    I am not greedy, I don't chase huge gains 4-5% is fine.
    I have been in and out for brokerage before (on other day trades) I have also picked up $5k in 1 hour.
    I look to make wage ($1-1.5K per day)

    I bought and sold a $20k parcel last Friday, picked up $1600. easy, if I held until this Tuesday 14/12/21 it would have been $6.5-7k.
    Sometimes you win, sometimes you win big.

    I am along way from an expert, but the decent 10% + swings we see on AVZ makes it a great short term/day trade.

    My last few parcels i have made money on, I have sold only the settlement amount to add the profit to my long term holdings for free.
    ( ignoring tax implications)

    Not advice, but its what I do and it provides me with some play money.
    Hopefully in a few years AVZ will pay of my house.

 
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