Australian (ASX) Stock Market Forum

How to trade and/or invest profitably --- without the Bullsh*t

My aim in pointing out these setups and tests is to help you in identifying volume and range due to

(1) Lack of supply and a strong positive initial move.
OR
(2) Increasing Supply indicating either a stall or a reversal in a move.


Both need to be acted upon.
 
So we re visit those posted last week
CVV and CRR both difficult to trade as there are strong moves which we cannot tell if there are exhausting or continuing. This weeks price action gave us plenty to work with
Ive also posted CPH which is different again rising from a weak position so has other considerationsBar analysis 11.gifBar analysis 12.gifBar analysis 13.gif.

As you can see Im only trading tickers with a "C"-----------
 
So we re visit those posted last week
CVV and CRR both difficult to trade as there are strong moves which we cannot tell if there are exhausting or continuing. This weeks price action gave us plenty to work with
Ive also posted CPH which is different again rising from a weak position so has other considerationsView attachment 125963View attachment 125964View attachment 125965.

As you can see Im only trading tickers with a "C"-----------
I noticed something similar with my systems where there are weeks in M or R or A.
We could even find a reasonable explanation when dealing with smallcaps...
 
I noticed something similar with my systems where there are weeks in M or R or A.
We could even find a reasonable explanation when dealing with smallcaps...
Truth is it’s coincidence I actually have BUB and EL8
 
Edgy

I have a number of searches for New Highs over various periods
Un usual volume and range which can be a number of things.
Eg squat range and very high volume ,Very high volume AND range
Gaps with and without volume and range. plus a number of Proprietary
searches like a Tech Trader entry (which is a Trading system I developed
in a previous lifetime. Its in Radges book Un Holy Grails along with others).
There are many ways.


BUT Most importantly I have a number of watchlists. This is where the really great trades usually originate from.

Most chartists who have been doing this for 10 + years will tell you they can instantly recognize an opportunity--
be that either to buy or sell a position,

Generally a Pattern OR a bar in a pattern or what didn't happen.

This you find in watchlists and what to look for are observations over 1000s of charts.
Hundreds of trades and many Market lessons--the good and the bad!

The answer IS in Bold!
 

Why a quant approach can thrive in the age of passive investing​



apart from currently doing a bit of stock picking personally , i am nibbling at ( conservatively managed ) actively managed LICs as some are fairly cheap and under-loved

i disagree with the late Charlie Munger , if a good stock is on sale , i am ( carefully ) buying some ( including those sub $15 BHP )

but you need to cash a little cash in reserve and have a lot of patience
 

Why a quant approach can thrive in the age of passive investing​



apart from currently doing a bit of stock picking personally , i am nibbling at ( conservatively managed ) actively managed LICs as some are fairly cheap and under-loved

i disagree with the late Charlie Munger , if a good stock is on sale , i am ( carefully ) buying some ( including those sub $15 BHP )

but you need to cash a little cash in reserve and have a lot of patience
Hi @divs4ever

Re: LICs - what do you think of TEK?
 
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