NCM 0.00% $23.35 newcrest mining limited

well firstly I am not an investor..I am a trader..so it makes no...

  1. 1,258 Posts.
    well firstly I am not an investor..I am a trader..so it makes no difference to me whether the overall trend is up or down...

    I trade the moves and I use support and resistance as my entries and exits...

    People trade the market in many different ways and this is my style.

    Some people hope for the one big stock market payoff but that's too slow for me.. I have more of the $2 shop mentality. I trade for a living so I need regular income...

    I usually trade 2000 shares at a time so a $1 move for me is a good profit..do that three or four times a week and you have a nice income:-)

    NCM is a great stock for this type of trading because it has movement and sticks to clearly defined support and resistance...

    BHP is a much more difficult stock to trade in this way

 
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Currently unlisted public company.

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