Australian (ASX) Stock Market Forum

JMS - Jupiter Mines

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nizar said:
To be honest, i never wanted to day trade.
MLS if it were to give me 10% a week like EWC i would ride it for several months.

Same with INL, i seriously wanted to ride the long term trend.

Yesterday JMS i wanted to ride the long term trend, when i entered volume was average, i had no reason to think it would explode.

But then they explode 30-50%+ in 1-2 days, and i say thank you very much.
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I'm finding myself leaning towards this kind of approach myself lately. I'm not sure what it means, maybe just because i have some more time to trade.
 
SevenFX said:
Power tools are dangerous to in the inexperienced hands, but agree that your safer trading over time (days, weeks) than intraday....till your more experienced/comfortable.

OR have a big enough acct, to carry you through :banghead: whilst your experience is growing, and your acct is shrinking... :eek:

You will have to change your "Day Trader" to "Multi Day Trader"...sorry just teasing.. :D
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:D :D
do not under estimate the power of multi day trading though tekmann
taken more than 100k in 5 weeks from just 35000 starting money...
i will be looking very close at jms in three days
 
Re: Australian paper

YOUNG_TRADER said:
Meanwhile I've already found my next JMS, just accumulating enough of a position before I post up on it :D
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Make sure you post it under JMS too, YT. You're the man!
 
I'm happy with a 180% profit in a very short time. Hope this one runs and runs for the next guy. Thanks everyone - goodbye on this thread - noirua

PS. Thanks Y_T, I followed you on this one, change your name to Hawkeye.
 
looks like it will test the high... one more trade then im gone :/

edit : argh stuff it wheres the next one, cmon yt :p
 
Snakey said:
:D :D
do not under estimate the power of multi day trading though tekmann
taken more than 100k in 5 weeks from just 35000 starting money...
i will be looking very close at jms in three days
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Definely agree, hence a balance of both would be good, not necessarly equal %, based on r/m & m/m.
 
Why do you say that?

I hope it does.
Stand off now with buyers and sellers, will only need a few orders to get it going, and if it breaches 37c it could run.
 
Wilson! said:
Why do you say that?

I hope it does.
Stand off now with buyers and sellers, will only need a few orders to get it going, and if it breaches 37c it could run.
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The only place this stock will run in the next few days is downhill :eek:
 
Snakey said:
The only place this stock will run in the next few days is downhill :eek:
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hehe pretty bold statement.. Still looks to have some bigger players picking up shares. maybe 1.5m at 28c wasn't enough.. i don't think we will see it under 30c in a hurry maybe some consolidation.. i think it will stay pretty tight
 
Hmm there could be some value in longer term holding this.

Here is an hrly chart which clearly shows volume during today and the breakout.
The biggest selloff was yesterday nothing of any real significance today.

So you can see clearly more buying and aparently not a great deal of selling.
Perhaps time to change hats from short to medium longer term.
 

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think you could be on the money.. guessing many traders are out for the moment given thier shares to the accumulater/s will be back when they realise its not going to retrace.. watching closely, might have another run this afternoon if it holds strong.
 
SevenFX said:
Whats your thinking buying here T/A...????
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risky buy tech
maybe swimming with sharks
i have today as last day in green for this one
for at least the next two days
 

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