EndlessThanks for the compliments and advice.It was always my...

Endless

Thanks for the compliments and advice.

It was always my intention to trade the DT the larger end of the market first.

I'm pretty disciplined in terms of money management, and it's just a bit harder for me to calculate the MM for the specs than the large ones - simply because the opportunites are more ephemeral. I'll work it out eventually.

For instance, if I wanted to only risk $100 to my stop on each trade, with NCM its relatively easy to do with a $30k stake. And with NCM, I'm more likely to get out at my stop than for something like MEU. Same applies to faves like ILU, PDN, and the unlikey TLS (reminds me of trading bond futures actually.)

Having said that, todays DT winners for me were BUX and PBT - and definitely in the spec end of the market, but the opportunity occurred in a time frame where I could calculate the stops and the position size well in advance. BUX I've been holding for about 2 weeks EOD also so I know how it moves.

FYI,
DTs Yesterday: AQP.AX PIR.AX NCM.AX NCM.AX BUX.AX
DTs Today: NCM.AX(-) PBT.AX BUX.AX.

Cheers