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Today marks my 42 years investing in the ASX, page-15

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Furiousgeorge

7,275 Posts.

537

22/01/25

22:27

Post #: 77521310
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Originally posted by nursery: ↑

I did my first trade in June 1957. Whaling was in trouble but a new season and new hope and a company about to have another go. Shares were half a penny each. I bought a few and told the agent to resell them when they were a penny. Next day the first whale of the season was caught and the shares were resold. In those days $100 was a lot of money and it paid for a suburban building block in Brisbane. I had bought off the plan and a few weeks later sold that block for $180.

These days I'm happy to make 10% on a trade, hoping to get it in one day but usually it does take a few days. I get about an 80% success rate. You don't win em all!

Trading wasn't done online, you rang a broker, established an account and dealt with him personally.

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Mate , 10% a day or every few I’d take in a heartbeat. Well done.
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0 Great analysis

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