I sort of get it, but if I buy at 48C and it goes to 47.5, do I get out and cut my losses, or ride it and potentially take a bigger hit? For me a tight stop at say 47C would work as it would suggest my buy in price was a wrong call.
I would have thought that a tight stop when buying would be necessary to reduce risk of a bad call. Who am I to talk. most of mine have lost $ in the past few weeks, TLS aside :-)
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |