EXR 3.03% 16.0¢ elixir energy limited

EXR Trading 2021, page-3256

  1. 1,887 Posts.
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    Nice work. You could have bought as low as .021 and sold for as high as .033. Even if you bought at .02 and sold twenty minutes later for .03 you could have realised a 50% profit inside twenty minutes.

    Your little endeavour this morning grossed you $400 before tax and costs and sure beats working at Macca's.

    From a psychological point of view many of the others who bailed this morning would have been well under water and you took advantage of their overreaction in both directions. All it took was some appetite for risk and a belief the market would act in the same way it usually does - which is exactly what it did. This is how TA people make money. I like to avoid quoting Warren Buffett (even though I think he is remarkably accurate), just because it seems a bit cliched, but what you did this morning was exactly this - congratulations.

    https://hotcopper.com.au/data/attachments/3066/3066088-2239c76bb4661da85085a5e72a06d5f5.jpg

 
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