Australian (ASX) Stock Market Forum

View attachment 85491
Win Some loose some but in front!
not sure why the chart is in twice.

I have just started using conditional buys and sells in Comsec and updating my trigger price as stocks reach new highs.

I think you have done well by keeping the losses relatively small. The few big winners has made all the difference and kept you in front. Well done and keep up the good work !
 
I think you have done well by keeping the losses relatively small. The few big winners has made all the difference and kept you in front. Well done and keep up the good work !

Thanks. Now that I use conditional sells I can relax and not be in front of the screen all day. And also not fall in love with any stocks. AU8 is a good example.

My holdings atm are up 24% and I plan to limit my losses.

Have fun trading!
 
Thanks. Now that I use conditional sells I can relax and not be in front of the screen all day. And also not fall in love with any stocks. AU8 is a good example.

My holdings atm are up 24% and I plan to limit my losses.

Have fun trading!
I agree. If you can spend less time monitoring price movements constantly that is a good thing. If you use them wisely, it may serve you well... I've used conditional orders in the past and only drawback is if a stock reverses after having an intra-day sell off, it can take you out of a position. So I use them rarely these days although I only check prices only once or twice a day.
 
I sold my BUB today as it fell 10% from its very recent high of 83c. Sold at 73c and broke evenish.

ORE and CAN were my top stocks today and I ended up with a small paper profit today as well.
 
I sold my BUB today as it fell 10% from its very recent high of 83c. Sold at 73c and broke evenish.

ORE and CAN were my top stocks today and I ended up with a small paper profit today as well.

I'm giving BUB a little more time and space to see if it can break back above the current trading range...

So, Caveman 28 what is your method for buying stocks? i.e. fundamental research/valuations or technical/chart setups ?
 
I'm giving BUB a little more time and space to see if it can break back above the current trading range...

So, Caveman 28 what is your method for buying stocks? i.e. fundamental research/valuations or technical/chart setups?

How do I pick my stocks?
Well, to be honest, I use gut feeling. I read most of the articles from Motley Fool (https://www.fool.com.au/recent-headlines/) and the news and then go with the flow.

I do look at the past 5 days trading charts as well as the past month trading chart and get a gut feeling from them. I look at the company profile and visit their website.

I read the last few announcements and again use gut feeling about them. I don't analyze charts and usually only go back 30 days to get a trend.

aus_trader, I hope that helps you understand how I buy stocks and in the past 4 months I have been able to turn 20K into almost 30K.

GO THE GUT!
 
BIG and CAN SELL triggers were executed yesterday and I ended up making 33% on CAN and 2 % on BIG. My gut tells me BIG will do better so I only sold half.

A buy trigger was executed on HLX at .04c yesterday as well.

Today my gut told me to buy GXY and did so at $4.40 even aver selling last week at $3.40.

Kind regards,
GO THE GUT!
 
Bad day yesterday with GXY after buying at 4.40 it dropped to 3.98 so I bought more at 3.99 to average at about 4.20. ATM they are 4.25 so I guess this was a good gut gamble ???
 
How do I pick my stocks?
Well, to be honest, I use gut feeling. I read most of the articles from Motley Fool (https://www.fool.com.au/recent-headlines/) and the news and then go with the flow.

I do look at the past 5 days trading charts as well as the past month trading chart and get a gut feeling from them. I look at the company profile and visit their website.

I read the last few announcements and again use gut feeling about them. I don't analyze charts and usually only go back 30 days to get a trend.

aus_trader, I hope that helps you understand how I buy stocks and in the past 4 months I have been able to turn 20K into almost 30K.

GO THE GUT!
Despite the funny name, fool articles are pretty informative. Good to know you do some fundamental/company analysis as well.
 
Closed KDR at $2.02 :)
and GXY at $4.01 :(
HLX at $.038 :(

Thinning down before I go on holidays for a couple of weeks
 
I mean are you holding any stocks?
Yes, My current speculative portfolio is below. Added another position today as I see some gains in the oil/gas sector.

Stock added today is Blue Energy Limited (BUL), which is a gas stock and I've seen stock news reports mentioning that BUL can play a part in supplying Australia's East Coast gas shortage.

Open Portfolio:
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