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Trishan's Stock Market Picks

Posted: Mon Apr 05, 2010 8:36 pm
by trishan
Most of you probably don't know but among the many hobbies I have I also trade stocks and forex as a hobby. Poker and trading have many things in common - measuring up risk/reward, psychology, discipline, money management etc. I am sure there are a few of you out there who trade the ASX/Forex?

I thought I would start a thread with my recomendations. I trade CFDs over fairly short time frames- 1-2 weeks or less. Here's one tip for the next few days:

Company Name: AGL Energy Ltd. (AGK)
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There was a lot of selling late last week and the MACD made a bearish cross on Thursday. I will be looking to sell this stock when the price falls below $15.00. Place a stop at $15.30 with the first target $14.70 and then the next targets at $14.40 and $14.20

Re: Trishan's Stock Market Picks

Posted: Mon Apr 05, 2010 10:59 pm
by bennymacca
dont you work for tru? :D

Re: Trishan's Stock Market Picks

Posted: Mon Apr 05, 2010 11:15 pm
by trishan
LOL that's why I am asking people to sell AGL. Inferior companies stock prices should go down in the long run. :D

Not gonna be at Tru for much longer anyway.

Re: Trishan's Stock Market Picks

Posted: Mon Apr 05, 2010 11:18 pm
by bennymacca
trishan wrote:LOL that's why I am asking people to sell AGL. Inferior companies stock prices should go down in the long run. :D

Not gonna be at Tru for much longer anyway.


i better ring up for that mates rates thing soon then