hi eagle,
"You may still be able to extract a trade profit even with small range trading fluctuations. Im certain your TA experience would enable you to do that."
Really depends on the range eagle and also the direction of the stock.
If you are talking tight range between 12 - 13 it makes it pretty difficult.
You need to queue at 12 so you may not get hit or you take out sellers at 12.5. If you want to get out at 13 you have to jump in the queue so no guarantees you are going to get served.
better trades are picking the stock when it is going to move, not in such tight ranges and in a downtrend.
Also with the stock trending down the risk of losing on the trade is much much higher.
So funky has actually expressed his experience by saying he was stopped out and also that he will stay out awaiting a better entry. Funky may even question his own entry and why he took it.
For him and traders alike the trade is "dangerous" at the moment.
PS: dangerous = risky = speculative lol
Cheers
- Forums
- ASX - By Stock
- IMM
- what is this
what is this, page-16
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMM (ASX) to my watchlist
(20min delay)
|
|||||
Last
32.0¢ |
Change
0.020(6.67%) |
Mkt cap ! $464.8M |
Open | High | Low | Value | Volume |
30.5¢ | 32.3¢ | 30.0¢ | $1.040M | 3.328M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 42705 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.315 |
2 | 99831 | 0.310 |
3 | 120000 | 0.305 |
1 | 30000 | 0.295 |
3 | 13890 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 10000 | 1 |
0.330 | 167144 | 3 |
0.335 | 33333 | 1 |
0.340 | 11336 | 2 |
0.345 | 19800 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
IMM (ASX) Chart |