Yep. Thats basically how I do it. Average down is no fun for anybody because that simply means your still at a loss and you hope it bounces. if it does then you're sense of paranoia increases exponentially.
Averaging up is my style.
I buy in with a smaller token amount so I keep a keener eye on the stock as a result. When it goes up and I'm in reasonable profit I buy again.
If it goes back down no problems I'm still likely in the green and if not I've had more than enough warning to sell out and take at least a little profit.
Basically how I lost my original CYP exposure (stop losses) but I still left with some profit rather than none or a loss.
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $34.32M |
Open | High | Low | Value | Volume |
18.0¢ | 19.5¢ | 18.0¢ | $9.062K | 48.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 104632 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 3 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4632 | 0.185 |
4 | 66488 | 0.180 |
1 | 285 | 0.175 |
2 | 4148 | 0.170 |
2 | 25050 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 3 | 1 |
0.195 | 38853 | 1 |
0.200 | 25789 | 2 |
0.210 | 60000 | 1 |
0.250 | 16097 | 2 |
Last trade - 14.37pm 12/09/2024 (20 minute delay) ? |
Featured News
CYP (ASX) Chart |