Australian (ASX) Stock Market Forum

Who is not getting hammered and why?

I've been mostly keeping out of this market. My trading strategy hasn't been working in this environment so it's been better just to sit out until conditions improve. I did try developing a short-selling strategy, but then they banned it. :mad:

I've been dabbling with some small amounts of money trading some short intra-day moves, and have had some good success with that so far. Holding stocks overnight seems to be pretty risky at the moment as they are just as likely to gap down the next day.
 
i have never seen so many opportunities present daily since I cut lawns in a retirement village... when.. yes when... the markets return to normal vol. many will struggle, and rue the missed trades that present day after day currently.... ye gods and little fishes, if only the markets were like this all the time, i wouldn't have to work...

cheers
..........Kauri
 
i have never seen so many opportunities present daily since I cut lawns in a retirement village... when.. yes when... the markets return to normal vol. many will struggle, and rue the missed trades that present day after day currently.... ye gods and little fishes, if only the markets were like this all the time, i wouldn't have to work...

cheers
..........Kauri
Totally agreed, we're being spoiled, with the exception being the choppy action of the EUR/USD in the last few days, all these moves have been easy to anticipate, (classic fib move on AUD/USD over last three days).
Pity about the guys trading CFD's, and the stupidity of banning short selling.
 
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