Australian (ASX) Stock Market Forum

Stock Tips

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Hey everyone. I've just tried my hand at FOREX trading for about the sixth time and done my account. I think its time to try stocks instead. I don't have time to research all the companies so was after a good blog, website, etc... that could provide some good buy and sell tips?
 
My suggestion would be to learn the fundamentals and build your foundation first rather than jumping head first buying/selling based on recommendations - it is a recipe for disaster. It may take longer but it will equip you with the knowledge and skills to help protect your hard earned capital later down the track.

But if you are really insistent on taking other people's advice, I hear Morningstar and Intelligent Investor are fairly popular (costs money though). As far as free advice goes - your broker may offer buy/sell tips also.
 
Hey everyone. I've just tried my hand at FOREX trading for about the sixth time and done my account. I think its time to try stocks instead. I don't have time to research all the companies so was after a good blog, website, etc... that could provide some good buy and sell tips?
Other peoples buy and sell tips are usually rubbish.

Go with a fund if you are that way inclined.
 
Other peoples buy and sell tips are usually rubbish.

Go with a fund if you are that way inclined.

Don't necessarily agree - as most funds out there are designed to eat commission/fees etc. on an ongoing-basis and to average say about 5% return per year if your lucky - whereas good stock picks may give you multi-bagger triple digit returns over time (but carries a much higher risk/reward probability of course).

The key is to research, research and research more and pick early mover potential growth stocks in the right sector's etc. E.G. Look at the recent run across most lithium stocks booming as most of them have multi-bagged

Personally, I like to focus on 52 week high trending stocks (as most are in a developed, strong bullish uptrend etc.) so it puts the odds in your favor of these ones continuing higher at least in the short term imo (but please dyor as not intended as specific trading/investment advice).

All the best in your trading endeavours,

Cheers tela


P.S. Some recent examples I've bought in on were NMT, IFN, EMC, AVG and now FOD (as of last friday)......... dyor
 
Don't necessarily agree - as most funds out there are designed to eat commission/fees etc. on an ongoing-basis and to average say about 5% return per year if your lucky - whereas good stock picks may give you multi-bagger triple digit returns over time (but carries a much higher risk/reward probability of course).

The key is to research, research and research more and pick early mover potential growth stocks in the right sector's etc. E.G. Look at the recent run across most lithium stocks booming as most of them have multi-bagged

Personally, I like to focus on 52 week high trending stocks (as most are in a developed, strong bullish uptrend etc.) so it puts the odds in your favor of these ones continuing higher at least in the short term imo (but please dyor as not intended as specific trading/investment advice).

All the best in your trading endeavours,

Cheers tela


P.S. Some recent examples I've bought in on were NMT, IFN, EMC, AVG and now FOD (as of last friday)......... dyor

My opinion of this post.

Good advice. (Add EDE, EDEO and TAS. see my post in Relative Value trading.) One to watch LYC.:)
 
My opinion of this post.

Good advice. (Add EDE, EDEO and TAS. see my post in Relative Value trading.) One to watch LYC.:)

Thanks Nioka - as I'll check Relative Value trading out soon along with those tips you mentioned.


P.S. Picked up some Oz gold spec potential ones such as BNR and IRC respectively based on our current AUD gold price > $1600oz (worth checking out imo) .. but please dyor as always

Cheers tela
 
Hello everyone I've just tried wih foreign exchange market for about the fifth time and done my account. I think its time to invest in stocks instead. I don't have time to research about all the companies so I was looking for a good website...that could provide some good buying and selling tips?
 
Must be another Duck in the room I see an echo

Tech - it was only 5 times, not 6... close but not close enough.

that said, to the prev. poster...unless you know what you are looking for (and rather than just $$$) as soon as you buy a loser you will more than likely blame the person/machine that gave you that recommendation. once you know your "style" then you can shop around.
 
Must be another Duck in the room I see an echo

Ducks Quacks do echo it's just you can't hear them
http://www.abc.net.au/science/articles/2004/05/06/1102602.htm

Maybe that is why people ask the same questions. They never hear the echoes of other peoples experiences or have their own references/experiences.

Hello everyone I've just tried wih foreign exchange market for about the fifth time and done my account. I think its time to invest in stocks instead. I don't have time to research about all the companies so I was looking for a good website...that could provide some good buying and selling tips?


1) There is no free lunch
2) Anyone promising a free lunch is a crook, even the ones in suites and fancy offices.
3) Do your own research

Would you go to an unregistered, non qualified surgeon to have an important operation???
Then why would you trust your financial future and well-being to an anonymous on a forum??
 
I personally think that when it comes to stocks and trading, you'd be safer off sticking with blue chips and building up a portfolio so that you have some passive income. Speculation is always a risky game in my opinion and for that, you need to have a certain sense for how things are going to move and a keen understanding of how things that happen in the world are going to affect the prices of company equity.
 
I personally think that when it comes to stocks and trading, you'd be safer off sticking with blue chips and building up a portfolio so that you have some passive income. Speculation is always a risky game in my opinion and for that, you need to have a certain sense for how things are going to move and a keen understanding of how things that happen in the world are going to affect the prices of company equity.
Blue chips can be risky also. I concentrate on value which often are mid caps.
 
I take an interest in Tony Locantro's public tips; for starters, he was tipping NST and RMS when they were priced in pennies; I've only acted on two of his tips: 1AD and MBK and actually I'm vague as to how I got interested in MBK, might have been Tony but at very least I took heart from his endorsement. Anyway his 11 tips for 2020 did exceptionally well, up over 100% as the year draws to a close - much better if you'd piled in during March/April, I think there were a few three baggers in there within a few months.

Well his '11 tips for 2021' has been floated on a 'digital finance analytics' podcast and there only a couple of changes* from the 2020 list. The 2021 selections:

NYR
MKG*
1AD
EX1
HMX
RDM
AZI*
GRL
EM2
PIQ
MBK
 
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