Domba - I just found out what I am - "A Range Trader"
No sarcasm, just haven't heard that term.
I buy stocks at a price that I'm prepared to keep if there is a downturn, and sell when they gain 2-5%. Sometimes takes 4 weeks, sometimes 40 minutes.
Need money at hand to do it - $50k for a $1k+ gain but seems to work.
Favourite stocks to "range trade" atm are FMG, AGO, PRU.
Bought FMG today at open at $4.75, sell order set at $4.99, come Monday should get hit, the same $50k should make $1k per week (I hope)
It's been workin OK, just wondering how many other traders play this way? and what other stocks do you range traders work on?
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Last
$16.12 |
Change
-0.010(0.06%) |
Mkt cap ! $49.63B |
Open | High | Low | Value | Volume |
$16.30 | $16.35 | $16.00 | $142.8M | 8.831M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 18592 | $16.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.14 | 3138 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1844 | 16.100 |
1 | 400 | 16.080 |
3 | 2062 | 16.070 |
2 | 9455 | 16.060 |
1 | 2000 | 16.050 |
Price($) | Vol. | No. |
---|---|---|
16.140 | 3138 | 1 |
16.200 | 1600 | 2 |
16.220 | 1010 | 1 |
16.270 | 491 | 1 |
16.280 | 9999 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |