Australian (ASX) Stock Market Forum

Why not to use market depth

Made back all my down days plus more :D Such is the world of trading.

Good work mate. Im still trying to make back the money i lost this morning, almost there :eek:
I also considered trading the news again this morning (GDP release). lucky i didnt (even though my prediction was right) because it flipped like it did yesterday :banghead:
 
Good work mate. Im still trying to make back the money i lost this morning, almost there :eek:
I also considered trading the news again this morning (GDP release). lucky i didnt (even though my prediction was right) because it flipped like it did yesterday :banghead:

Yeh, to be honest, I didn't even bother listening to the announcement today, market has been so irrational, I just traded what I saw. Made a few ticks scalping it each way.

Almost there to making back what you lost earlier? Good stuff mate! :) Chipping your way back into the green after a long day in the red, is a fantastic feeling and takes a LOT of discipline. One of the hardest things to do IMO, but definatley possible.
 
Yeh, to be honest, I didn't even bother listening to the announcement today, market has been so irrational, I just traded what I saw. Made a few ticks scalping it each way.

Almost there to making back what you lost earlier? Good stuff mate! :) Chipping your way back into the green after a long day in the red, is a fantastic feeling and takes a LOT of discipline. One of the hardest things to do IMO, but definatley possible.

didn't the spi shoot straight up quite strongly after the announcement?
 
didn't the spi shoot straight up quite strongly after the announcement?

From what I remember, it sold off, then shot up (but was real squeezy). Don't have the charts with me and it was a long day! Even lunchtime was busy today!
 
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