The downside risk here is that it will gap down substantially.
It's quite difficult to risk manage with 2 Long instruments.. that's what Options and CFDs are designed for - you can write puts and shorts to hedge against short term price fluctuations while protecting long term gains. Otherwise, it's just gambling.
Downside protection, page-13
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.79M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.5¢ | $154.1K | 994.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 270264 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 3106576 | 27 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SRX (ASX) Chart |