Is this a chart which encourages short-term trading?
Is this a chart which encourages short-term trading?
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Jon39

Original Poster:

14,921 posts

172 months

Wednesday 29th July
quotequote all

It appears to be so easy, but I am not brave enough to try.
My usual long-term hold strategy continues.






I have mentioned on here before, noticing unusual volatility this year with my fund and also the FTSE 100 Index.
Have no idea if it means anything, but it is certainly out of the ordinary.
Ahead of the index, so OK at the moment.
As for the future, might it be hard hats at the ready perhaps. confused


Huzzah

28,976 posts

212 months

Wednesday 29th July
quotequote all
Stick with long term. (Unless you're a Trump insider)

asfault

13,756 posts

208 months

Wednesday 29th July
quotequote all
Jon39 said:

It appears to be so easy, but I am not brave enough to try.
My usual long-term hold strategy continues.






I have mentioned on here before, noticing unusual volatility this year with my fund and also the FTSE 100 Index.
Have no idea if it means anything, but it is certainly out of the ordinary.
Ahead of the index, so OK at the moment.
As for the future, might it be hard hats at the ready perhaps. confused
from my experience by the time you recognise the chart pattern you are too late and it changes. I tried this with SSE and with GSK. I got 1 ride up and sell of SSE and then it broke out upwards. I did the same back in mid 2022 with O Realty income company and then it broke downwards.,,,

Jon39

Original Poster:

14,921 posts

172 months

Wednesday 29th July
quotequote all

asfault said:
From my experience by the time you recognise the chart pattern you are too late and it changes. I tried this with SSE and with GSK. I got 1 ride up and sell of SSE and then it broke out upwards. I did the same back in mid 2022 with O Realty income company and then it broke downwards.,,,

Frustrating for you, but your experience emphasised how unpredictable stock markets can be.

Sometimes I meet people, who ask for my opinion about the markets.
They seem surprised when I give my standard reply. "I don't know what will happen tomorrow, next week, or this year."

The only reasonable certainty, is that if the EPS continues increasing, eventually (it might be a long time) the share price should follow.