You are right Mister. The time to buy A2Milk was Aug 2017. Those who buy it now are taking extremely high risk.
Have squeezed nearly 7% out from it in 5 days, when I picked it looked like there was still room to move, I'll keep digging in the stirrups, might get a few more percentages yet, I need them to make my Sim look good
ok. just be mindful when the trend starts. We always want to catch the first or perhaps 2nd signals. Subsequent signals are of higher risk.
What are the criteria for the picks? Asking because I have BHP on my watch list, beside A2milk and Regis.
The gold positions are my favorites and on every gold uptrend basically buy the same 10 positions. In this instance I was fortunate to call the gold bottom at the same time I started this exercise. The others, am experimenting / trialling random stuff which meet best price action according to me at the time of the beginning of the Sim. All positions are in the ASX 300, so they are not speccys as such. The real intent of this exercise is not so much how much % I gain, I'm actually intending / interested to hit 100% win rate on stocks picked over the 12 days. See how it goes
Will exit OGC on mkt close today, not happy with this one's performance, so will sacrifice now rather than take a possible bath later. Therefore will taking today's close as exit price for OGC. In real life, have exited this one too at $3.89
Another not so good day today, slipping a bit. Dumped OGC as it is looking too weak to risk holding. Price fell away fast toward end of day as well so exit was at the low of the day.
Day 7, again made progress but still lagging XAO. The decision yesterday to exit OGC appears correct as it fell another 2.07% today.
Day 9 Weaker gold price overnight dragging the portfolio down, XGD gold index down 1.1% today. In real life, I bought BEAR ETF today on market open, expecting the market to fall over anytime soon.