SYR 2.44% 20.0¢ syrah resources limited

Great Short Opportunity, page-112

  1. 16,260 Posts.
    lightbulb Created with Sketch. 4308
    Mate trading isn't something to brag about, it is merely glorified gambling. You have a gambling addiction and need help. All the data shows that trading is a losing strategy compared to investing, no matter how good you are at drawing pretty shapes with your crayons on a chart. Not only do you get sub par or negative returns, but you also need to spend a significant amount of time in front of a computer, when you could just buy and hold whilst engaging in another income generating activity. Massive opportunity cost

    There are no successful traders using tea leaves etc. Algo and HFT is a bit different but you're not doing that. Anyone who has made money in the stock market has done so by investing. Institutions etc. encourage it as it increases liquidity and makes them lots of $$$ thanks to brokerage, but they never use tea leaves themselves

    The man revered as the founder of trading, Jesse Livermore, put a gun to his head after losing all his money treating the market like a casino. Maybe if we are lucky you will follow in the footsteps of this "great" trader
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $206.9M
Open High Low Value Volume
20.5¢ 21.0¢ 20.0¢ $744.3K 3.677M

Buyers (Bids)

No. Vol. Price($)
14 339008 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 110000 1
View Market Depth
Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.