XAO 0.37% 8,272.7 all ordinaries

Short Term Trading Week Starting: 9th Apr, page-118

  1. 6,674 Posts.
    lightbulb Created with Sketch. 1552
    The Art Of War by Sun Tzu is a fabulous read.

    Master Stroke number one: Pull that looney North Korean leader aside, and straighten him out.

    Master Stroke number two: Build a massive fleet of EV's, then tell your trading enemy you'll reduce tariffs on their yank tanks (that nobody wants anymore).

    The other great read from the weekend was "Trade Like A Stock Market Wizard". I knew there was some use for that Kindle thing on my iPad.

    The four stages of stock price maturation:

    1. Neglect phase: consolidation
    2. Advancing stage: accumulation
    3. Topping phase: distribution
    4. Declining phase: capitulation

    ONLY Trade in Stage Two. DO NOT trade in the other stages.

    Let's see .... second wave of volume theory ... 8 tips ... zero winners. What's the definition of insanity?

    Let's tweak it a little ... first wave of volume ... second wave from volume (or announcement) ... wait until it's in Stage 2, then tip.

    Hmmmmm ..... four turns to the left ... listen closely ... 43 ... slowly ... 44 ... click ...
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.