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
$19.01 |
Change
0.135(0.72%) |
Mkt cap ! $58.90B |
Open | High | Low | Value | Volume |
$19.38 | $19.38 | $18.99 | $118.1M | 6.170M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 11676 | $19.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.01 | 5179 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 5250 | 19.020 |
17 | 7352 | 19.010 |
22 | 15768 | 19.000 |
16 | 23055 | 18.990 |
14 | 14344 | 18.980 |
Price($) | Vol. | No. |
---|---|---|
19.030 | 7035 | 14 |
19.040 | 8422 | 19 |
19.050 | 7420 | 16 |
19.060 | 7038 | 11 |
19.070 | 8169 | 9 |
Last trade - 12.42pm 01/08/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |