Thats interesting. I didnt know that Forager had sold some. Do you know if they still have a position?
Certainly from a risk management perspective , there can be a good reason to sell if you're sitting on gains.
This doesn't need to be done on a stop loss (trailing or otherwise) basis though.
I've had plenty of success using a price spike to reduce a holding and I've done some pretty in-depth research that shows this works better than selling on a dip.
If someone is into buying into a stock once its risen 100% or 200% , they may as well use stop losses, because if they're relying on predicting future price movements from past price trends, in the long run ,they'll lose anyway.
- Forums
- ASX - By Stock
- SSM
- Gotta love auto stop losses
Gotta love auto stop losses, page-10
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SSM (ASX) to my watchlist
|
|||||
Last
$1.36 |
Change
-0.013(0.91%) |
Mkt cap ! $839.2M |
Open | High | Low | Value | Volume |
$1.38 | $1.38 | $1.36 | $235.9K | 172.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4232 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.37 | 11601 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4232 | 1.360 |
12 | 29679 | 1.355 |
12 | 32388 | 1.350 |
10 | 26685 | 1.345 |
8 | 11143 | 1.340 |
Price($) | Vol. | No. |
---|---|---|
1.365 | 11601 | 25 |
1.370 | 29814 | 23 |
1.375 | 13563 | 15 |
1.380 | 31090 | 12 |
1.385 | 12550 | 8 |
Last trade - 13.43pm 18/07/2024 (20 minute delay) ? |
Featured News
SSM (ASX) Chart |