IMU 2.08% 4.9¢ imugene limited

IMUGENE CHART. TA only, page-2499

  1. 1,095 Posts.
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    People keep posting that image this week. It is so incredibly flawed. Firstly, a stop loss should prevent you from experiencing a 40% paper loss. And secondly, it encourages averaging down/ dollar cost averaging, which is a very flawed method of investing.

    My preference is to buy based on trend. Something that I didn't do yesterday and may live to regret. If the share price dips below 30c today, I'll be out until things stabilise again.

    (not financial advice)
    Last edited by Mazkal: 09/06/21
 
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