Welcome to the "ASX Momentum Trade Book - Part 2" thread.
This is a continuation of the Pavilion103's LIVE ASX Momentum Setup Trading Thread. Please read that thread as I've posted my introductory remarks, goals of the portfolio and many notes on my trade management style in that thread.
We're here to increase our trading capital by trading ASX stocks that we anticipate to move higher. As this thread will contain more short term trades than medium term trades I've called it a trade book rather than a portfolio.
Why do this? I found this a tough question to answer. Fun, yes! Ego, yes, but my name is not on the thread title. The market does a good job of ego control and we must remain humble in order to deal effectively with uncertainty.
Blogging seems to provide additional motivation as I know someone is watching and waiting for the next update. I manage several ASX portfolios of various sizes so it's important to stay in touch with the small caps as well as the others. This is my contribution to the ASF community.
I'm happy to contribute opinions and suggestions to others through this forum. I've done this sparingly in the past and have included much more in the Pav's thread. I enjoy helping others get those rare "ah ha!" moments that we need to experience on our trading journey.
Comments and questions: Yes please, feel free to join in. If you don't ask then I may not tell you. I'll assume you've read Pav's Momentum thread. This thread will only be educational to you if you ask.