so you're compounding a 50% loss, in the hopes it turns around.
Many professional poker players end up making an absolute killing in markets as they understand odds and edge. You are deluded if you think you are not gambling or fail to understand the nature of the definition. Every dollar put into the market is a gamble - the successful speculators understand odds and act on high probability signals. A share price well below it's 30week ema and massive decline in price behind it is not a buy signal. If you have sufficiently deep pockets and can move the share price to attract buyers, then that is different.
End of the day - I sincerely want you to succeed. Clearly the majority of people here, and the actual combined intellect of the market, disagrees with you. In the spirit of sharing ideas and learning, may I ask at what point is your thesis incorrect and you cut your losses? Is it waiting for company announcements to indicate a slowing of business for example?
- Forums
- ASX - By Stock
- APX
- Ann: Update on 1H 22 results and FY2022 outlook
Ann: Update on 1H 22 results and FY2022 outlook, page-134
-
- There are more pages in this discussion • 493 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APX (ASX) to my watchlist
|
|||||
Last
50.5¢ |
Change
0.040(8.60%) |
Mkt cap ! $112.6M |
Open | High | Low | Value | Volume |
46.5¢ | 52.0¢ | 46.5¢ | $1.718M | 3.470M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 112734 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 4880 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 59783 | 0.500 |
5 | 50200 | 0.495 |
1 | 10000 | 0.490 |
6 | 76622 | 0.485 |
4 | 31820 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 4880 | 2 |
0.515 | 91672 | 3 |
0.520 | 10000 | 1 |
0.525 | 1000 | 1 |
0.530 | 24379 | 6 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
APX (ASX) Chart |