Although at times very risky…my best trading profits seem to have occurred during times of quick trades with very little thought on the stock in which I have invested in.
Using the ASX website and following the company announcements listed daily, marked “price sensitive” and taking a punt.
Sometimes you can chart it this way, chart it that way, talk it up, talk it down, and spend endless hours research the company. Then invest in it only to find out that you have made very little profit, no profit at all or even worse a loss. So all that education, long hours researching etc is it all worth it?
I still think that many aspects of an educated trade seems over-rated and clearly those in the business that trade professionally using educated trading systems still make massive losses too. They seem to use all the tools of the trade, software, talk the talk, walk the walk, use the lingo etc
Sometimes it simply comes down to the company that investors invest in. The announcements that are released and the volume entering/exiting the stock.
What do other members think?