LYC 0.00% $6.40 lynas rare earths limited

average down - lyc, can it work?, page-68

  1. 8,916 Posts.
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    Yea, I was getting some pretty big numbers myself.

    I think it would be worth plotting out ones trades on a SS and using some maths. As I posted before even, if one averaged down to close to the existing SP, then the risk profile goes north in leaps and bounds. Gambling. not investing, however it is dressed up. IMO

    Nothing against gambling - keeps lots of folks in paid employment, but is almost a certain path to ruin for the punters.

    Or some folks are fooling themselves and other HC readers in the process.
 
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