Thanks, guys make sense it can be difficult to see where the prices will level out. A better strategy may be to buy in the dips and lower the average share price if it is a good growth stock I guess. As you can probably tell I am very new to trading, but I appreciate the veteran tips.
So day trading is not a good idea then? In principle, it sounds like a great way to compound your starting capital and increase your investment position?
Would the taxes not be the same on many transactions with smaller returns as they would with a similar increase in capital but just on one share?
$10 Party, page-478
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.87 |
Change
0.150(5.51%) |
Mkt cap ! $3.707B | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.87 | $2.75 | $18.28M | 6.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 94807 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 48808 | 10 |
View Market Depth
| Last trade - 10.58am 09/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |