Australia's largest stock trading and investment forum Australia's #1 stock forum

BIT

Click for more information

5.26%

2.0¢ biotron limited

Chart, page-1386

First 1386 Last

Share
Profile

Follow
Davisite

19,434 Posts.

6527

14/12/18

09:06

Post #: 36856057
Share

Originally posted by Warnie ↑

Looks like you fell for the 3 card trick:

1. Overhyped stock (it's easy to fall for it and traders get carried away)
2. Bought on the way down (catching a falling knife is very dangerous)
3. Didn't have a plan before buying or set a stoploss (10% loss is better than 30% etc)

So long as you learn from your trade it's the best training money can buy IMO.

Good luck with your next one.

Not sure when u bought in, this monthly chart shows that between 13-26th Nov, 2 x BIG M's and the second one has a lower high and lower low than the previous, so the stock was unwinding at that point and on the most volume.

Something to consider next time you enter a stock.

Expand

The other option is don't try and trade at all and just invest on the basis of FA. It is pretty easy in a boom to trade and convince yourself that you are genius, but it is much harder when times are like now.

BIT Price at posting: 11.5¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

PFE

Pantera begins drilling of maiden test well at Smackover

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 414 more messages in this thread...

First 1386 Last

Add BIT (ASX) to my watchlist

(20min delay)
Last 2.0¢		Change 0.001(5.26%)		Mkt cap ! $18.04M

Open	High	Low	Value	Volume
2.0¢	2.1¢	2.0¢	$9.288K	460.4K

Buyers (Bids)

No.	Vol.	Price($)
1	15038	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	24000	1

View Market Depth

No.	Vol.	Price($)
1	15038	0.020
4	1410807	0.019
12	2330053	0.018
6	718000	0.017
12	1556225	0.016

Price($)	Vol.	No.
0.021	24000	1
0.022	440000	2
0.023	307000	2
0.024	100035	2
0.025	620000	4

Last trade - 15.05pm 07/11/2024 (20 minute delay)

BIT (ASX) Chart