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I've been having some fun trading ACDC over the past few months. Buying low and selling high with some success.

Observations: It's not a margin efficient way to trade the boom in lithium prices. The strong rally in lithium over the past few months has increased the mining margins significantly. The increased margins have seen strong demand for current lithium producers. The prices of these few lithium producers have gone up more (in % terms) than the ACDC - ETF.

Of more interest, I've noticed that my sell orders (via Commsec) have not been displayed in the Commsec market depth of ACDC. My orders have been filled correctly but I'm bemused that they weren't displayed in the MD. I've also noticed some "interesting" transactions at the open before the market maker places their buy and sell orders.

I'm going to leave my thoughts on ACDC at, it's interesting. Overall, it's a poor choice for a short term trader and I also think for a longer term investor as well, unless you desire the investments in overseas companies that may have an involvement with EV batteries.

I think most active investors can create a better R:R portfolio in the EV battery sector than ACDC.

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<blockquote data-quote="peter2" data-source="post: 1156033" data-attributes="member: 13908">I&#039;ve been having some fun trading ACDC over the past few months. Buying low and selling high with some success. Observations: It&#039;s not a margin efficient way to trade the boom in lithium prices. The strong rally in lithium over the past few months has increased the mining margins significantly. The increased margins have seen strong demand for current lithium producers. The prices of these few lithium producers have gone up more (in % terms) than the ACDC - ETF. Of more interest, I&#039;ve noticed that my sell orders (via Commsec)&nbsp; have not been displayed in the Commsec market depth of ACDC. My orders have been filled correctly but I&#039;m bemused that they weren&#039;t displayed in the MD. I&#039;ve also noticed some &quot;interesting&quot; transactions at the open before the market maker places their buy and sell orders. I&#039;m going to leave my thoughts on ACDC at, it&#039;s interesting. Overall, it&#039;s a poor choice for a short term trader and I also think for a longer term investor as well, unless you desire the investments in overseas companies that may have an involvement with EV batteries. I think most active investors can create a better R:R portfolio in the EV battery sector than ACDC. [ATTACH=full]136047[/ATTACH]</blockquote>

[QUOTE="peter2, post: 1156033, member: 13908"] I've been having some fun trading [B]ACDC[/B] over the past few months. Buying low and selling high with some success. [I]Observations[/I]: It's not a margin efficient way to trade the boom in lithium prices. The strong rally in lithium over the past few months has increased the mining margins significantly. The increased margins have seen strong demand for current lithium producers. The prices of these few lithium producers have gone up more (in % terms) than the [B]ACDC [/B]- ETF. Of more interest, I've noticed that my sell orders (via Commsec) have not been displayed in the Commsec market depth of [B]ACDC[/B]. My orders have been filled correctly but I'm bemused that they weren't displayed in the MD. I've also noticed some "interesting" transactions at the open before the market maker places their buy and sell orders. I'm going to leave my thoughts on [B]ACDC [/B]at, it's interesting. Overall, it's a poor choice for a short term trader and I also think for a longer term investor as well, unless you desire the investments in overseas companies that may have an involvement with EV batteries. I think most active investors can create a better R:R portfolio in the EV battery sector than [B]ACDC[/B]. [ATTACH type="full"]136047[/ATTACH] [/QUOTE]

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