Thanks for the thread....I have got a wee bit bored so have broken my rules. My rule break has been inspired by the CEO of the Qatar Investment Authority (I attended a talk by the man), who said that you have to reassess your strategy on a regular basis. As a result, I have decided to try (on the Nz market because it is so slow and pays dividends if I get it wrong) a small 10K trade to see if I can generate a $100 profit. Of course I am not affected by tax but I will clearly be hit by the trade fees. I have selected SPK based on TA and FA, loaded the trade at 3.30am my time, it went through so I am hoping that over a short hold I may be able to hit my target profit (needs around an 8 cent rise though). If it doesn't work, then it pays a handsome dividend! Note: my attempts at trades in the past have been abysmal!
Bookmarks