hey botfodder,
Ive been trading since trades incurred stamp duty.
"Trading 2012 style'...
Simply meaning a better understanding of how the big end of town really have greater control of stock price movement these days. Machines control trades and the bog boys behind the machines control SP movement. Stocks like LYC need to be purchased without leverage and without stop losses, because leverage and stop losses simply give all the information the big end of town need, in order to make as much money as they want out of us little retail mob.
Charts cannot foresee this. fundamentals are non existent. The only way we can win, with riskier type (LYC) trades, is to better understand the way they trade.
After all, they make money from knowing the way we trade.
the most ingenious short cover to witness, page-9
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |