Australian (ASX) Stock Market Forum

Sectors/Stocks to OUTPERFORM in short term

Thanks nomore4s. Have read the post and think it looks a good idea. I know it is risky to use margin loans (especially in this environment) but I believe they manage the risk by setting exit signals if things turn sour. I've played the sharemarket game before three years ago just before the crisis started (ended on around $60k.)

What is everyone's opinion on the resources sector. Has it gone too hard too fast or does it have more to run...

thanks for the continued support
JWR
 
JWR,

Just to be clear on this - I personally don't think you should be looking at something like sharefinder.

The cost and the capital required to run it is somewhat excessive for someone of your age and position imo - especially if you are going to use margin.

The money would be better off used to build a small capital base while you educate yourself and understand what actually makes a profitable trader.

I would also suggest signing up the the Chartist for the 2 week trial and trying that service as you won't need such a large capital base to use Nicks set ups.
 
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