RE: My two pence19 Apr 2021 21:50
D: it wasn't that hard and fast. I looked up in the HL diary companies reporting that month and for those I didn't recognise I would look them up and do some basic research. If there looked to be an opportunity I would buy anywhere between 2 weeks and the day before results.
On the day I would play it by ear and sometimes sell straight away and sometimes leave it to the following day. It was a bit hit and miss particularly as some results were just plain good/great but the SP would fall 5%.-10% Invariably they would recover over the next few days, so I fine tuned it to only putting in half the amount I normally would and held the other half back for such an occurrence and then it was pretty much wyn/wyn, (see what I did there!) but if I had got it wrong then only half was committed with obviously only "half" the loss.
This is the approach I have taken with G4M, so I have funds ready if its good results but the crafty MM's shake the tree a bit to get a few stops activated then I can buy some more if I want.
All that has happened recently is that I have stumbled across what genuinely looks (to me) to be high chance multi baggers so I am giving them time to play out (and its killing me!)
But having said that AVCT has doubled since Jan (on a support level I identified and posted about), and AGL has gone up over 30% over the last 2 days but that has been much more "get in fast " irrespective of any TA because they simply were always likely to move quickly on the back of news or simply people taking the same view as me... just get hold of some asap. (Although 84p was an obvious resistance but when it went through it on Friday I'm not sure any PI could have bought then at that price.)
As you can see I would have to write a book about this but that's partly the problem and why some actively dislike TA, its not easily explained in just a few sentences and easy formula's.
EVE is a good example. most of me (nearly all) thinks this is a good bet over next 6 months, but I keep hesitating to pull the trigger. Something is holding me back. So I will wait, and If I miss this one, that's ok, you can't wyn them all (boy am I on fire tonight!).
So I am relaxed and happy to do 180 turns on a sixpence if something occurs to me that makes me completely change my view, which is why it seems I blow hot & cold so much over these stocks. (Its not been an issue in the past when, as soon I had bought them I was just waiting for the chance to off load.
So its a new experience and apart form all the abuse (ha ha) its nice to have a chit chat and share thoughts & ideas while waiting for events to unfold. GL