You don't get it. I'm constantly buying/selling and making profits. Do I add up all my previous profits and add it to my current Zip average? No trading doesn't work like that.
If I was previously focused on Afterpay. Now after the Square deal, I turned my focus onto Zip and started AVERAGING in. It was in the high 7s when I started and now in high 6s. That is why I said DUH. Logically where would it be? Somewhere in the middle. I aint done buying yet.
Do I get to add all my previous profits trading and take my average down into the 3s or 4s? No it doesn't work like that. Comparing a TRADER's average to you long term hold doesn't matter.
I'm currently somewhere in the 7.40s but will keep buying more on further drops. I don't put all my money in at once. Poor James at the ATHs lol
Daily Price Movement / General Discussion, page-25251
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Last
$1.72 |
Change
0.015(0.88%) |
Mkt cap ! $2.170B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.73 | $1.66 | $20.04M | 11.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 99232 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 35173 | 5 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |