ASX Shares Short term COVID-19 opportunities in the stockmarket

Discussion in 'Shares & Funds' started by Sackie, 9th Mar, 2020.

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  1. Perthguy

    Perthguy Well-Known Member

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    That's a fantastic result. I'm not a trader but this market makes me want to be one.
     
    Perthguy, 9th Apr, 2020
    #841
    iloveqld and charttv like this.
  2. Barny

    Barny Well-Known Member

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    Not sure you have what it takes to be one.
    You need to be arrogant, insult everyone buying as complete beginners, that includes people buying index funds. Consistently remind others that they are amateurs, and always quote warren buffet like he’s your mate.
     
    Barny, 9th Apr, 2020
    #842
    Perthguy likes this.
  3. Omnidragon

    Omnidragon Well-Known Member

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    Haha what he’s doing is pretty good, if you get it right, but pretty hard to get it right consistently because it’s just picking a 2-3 day direction. If you’ve got in now there’s no buffer (no cap gains) so way riskier. Hindsight’s bliss’s like you could’ve been trading APT multiple times. $40 to $8 to $15 back to $8 to $20 back to $18 now $22 in 3-4 weeks. Q is would you buy now.
     
    Omnidragon, 9th Apr, 2020
    #843
    Perthguy likes this.
  4. David_SYD

    David_SYD Well-Known Member

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    @Sackie has massive proverbial testicles
     
    David_SYD, 9th Apr, 2020
    #844
  5. Sackie

    Sackie Well-Known Member

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    Tbh I'm just waiting for some kind of bottoming before going in and holding long term. Many people think we have a lot more to go in terms of drops. Makes sense to me but then what if we don't?

    The volatility does seem to allow for some good trades but I still feel it's relatively high risk. And you need the Luck Gods on your side too. Unless you're willing to hold long-term if your position rapidly moves against you. Also no leverage on my part. I don't think I'd be able to sleep at night using leverage in this game.
     
    Sackie, 9th Apr, 2020
    #845
    Perthguy likes this.
  6. Sackie

    Sackie Well-Known Member

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    Any predictions this morning from the collective brain trust??
     
    Sackie, 10th Apr, 2020
    #846
  7. geoffw

    geoffw Moderator Staff Member

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    I predict that the stock market will be closed for Good Friday.
     
    geoffw, 10th Apr, 2020
    #847
    Empire, wilso8948 and David_SYD like this.
  8. Sackie

    Sackie Well-Known Member

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    Dam. You spoilt it for me. :p
     
    Sackie, 10th Apr, 2020
    #848
  9. geoffw

    geoffw Moderator Staff Member

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    Sorry.

    I actually had to check the calendar because I wasn't sure what day if the week it was.

    So you'll be sitting on QAN over a long and nervous weekend?
     
    geoffw, 10th Apr, 2020
    #849
  10. Sackie

    Sackie Well-Known Member

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    Yes. Agonized over this one but decided to hold...

    Now your making me more nervous!
     
    Sackie, 10th Apr, 2020
    #850
    geoffw likes this.
  11. almostthere

    almostthere Well-Known Member

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    This thread has been spoilt by traders.It's no more "Invest" chat.
    @Simon Hampel can we create a dedicated category for short term trade discussion?

    I believe it will be good to have separate discussions for short term trades and long term investments
     
    almostthere, 10th Apr, 2020
    #851
    mrdobalina and Ardi like this.
  12. geoffw

    geoffw Moderator Staff Member

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    Perhaps you could start your own thread on "Coronavirus long term opportunities in the stock market"?
     
    geoffw, 10th Apr, 2020
    #852
    Sackie and David_SYD like this.
  13. SatayKing

    SatayKing Well-Known Member

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    Specifics. Which Good Friday?
     
    SatayKing, 10th Apr, 2020
    #853
    Sackie likes this.
  14. geoffw

    geoffw Moderator Staff Member

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    Every one.
     
    geoffw, 10th Apr, 2020
    #854
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  15. Sackie

    Sackie Well-Known Member

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    The title of this specific thread is "
    Corona virus opportunities into the stockmarket".

    There are all kinds of timeframes, plans, goals etc.

    If you don't like the content of the thread, go and start your own one.
     
    Sackie, 10th Apr, 2020
    #855
  16. Sackie

    Sackie Well-Known Member

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    Why is it called ' good' Friday. Why not excellent Friday..
     
    Sackie, 10th Apr, 2020
    #856
  17. geoffw

    geoffw Moderator Staff Member

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    Apparently the word "good" used to mean "holy" once upon a time.
     
    geoffw, 10th Apr, 2020
    #857
    Sackie likes this.
  18. geoffw

    geoffw Moderator Staff Member

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    Of course, there's "extremely profitable Thursday" in your household ;-)
     
    geoffw, 10th Apr, 2020
    #858
    Sackie likes this.
  19. Sackie

    Sackie Well-Known Member

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    :oops:

    We're having Passover these few days.
     
    Sackie, 10th Apr, 2020
    #859
  20. Simon Hampel

    Simon Hampel Founder Staff Member

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    Given you started the thread and have been discussing your short term trading activity, I've changed the title to make this thread explicitly about short term opportunities.
     
    Simon Hampel, 10th Apr, 2020
    #860
    mrdobalina and almostthere like this.
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