I just dont understand the point to post on this type of forums with charting discussion.
It just ends up with the same comments (SP up or down)
The whole point of TA is price discovery, but is meaningless if you dont demonstrate when you are buying or selling, which would be a demonstration of their "proof"
So if they said "trade in at 16 cents x nr. of shares and trade out of position at 19.5 cents " based on their charts, you could actually compare with just doing nothing. Without this information, their exercise of charting becomes like predicting the weather, glossing over when they are incorrect.
Again, it is not a personal attack on them. But if they want to prove their theory they could easily illustrate it by determining their trade in & out points. I dont understand why this is so sensitive?
I will freely say my buy in average is 8 cents and I am willing to hold for the long term. If you are a TA person, the objective should be to prove that they can do better than my 143% paper profit (excluding trading fees). My paper profit will obviously go up and down, but I am not trading out. So this is irrelevant to me as my "bet" is that in 2023 my investment will be worth more than 8 cents.
The P&L is the debate.
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $85.72M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.4¢ | $58.31K | 1.660M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 270928 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 874932 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 271001 | 0.034 |
7 | 748054 | 0.033 |
9 | 661562 | 0.032 |
9 | 1129191 | 0.031 |
9 | 940172 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 374932 | 4 |
0.036 | 526586 | 2 |
0.037 | 90909 | 1 |
0.038 | 367645 | 6 |
0.039 | 529721 | 4 |
Last trade - 14.24pm 01/11/2024 (20 minute delay) ? |
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