How did this turn into stop loss thread?
I'm adding my 2c worth
Stop losses are good when used in the right circumstance with the right share & if its for a trader not an investor.
I remember a couple of times with lyc when the manipulators dropped the sp to hit many stop losses then allowed the sp to rise to a higher level, leaving those whos stop losses got hit out in the cold, many on here got caught out by this.
I have traded other stocks in the past & used stop losses & conditional buys that have made me good money & saved me from losing money
Horses for courses
I don't do any of this with lyc as it is one of my investment stocks & there is history of the manipulators catching the guys with stop losses out
mcp down, does mean today lyc up?, page-107
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |