Sometimes yes and sometimes no.
I can relate to stupidity many moons ago on stocks.
Why I trade and why i don't invest.
Example: I invest say 2 weeks ago in WHC and it jumps 20%. I'm so happy, I'm up. But then it falls 10 or even 20%. I'm not feeling to happy because i could have sold and bought back cheaper. You can invest and sell and invest again. Problem with a lot of investors is that they believe the stock is going to keep going up but in all cases it has it's falls all the time, sometimes a lot sometimes a bit and then up again etc etc.
When I trade I make real money (you can lose as well but that's when you need to be unemotional and make the right decision and move on)
Did it with CRN. @hagetaka was following that company too when I was in it. I said it as it was.
Was I crying when I was down $40,000 at one stage on WHC? I told it how it was and i was prepared to wait. In fact I said i am not buying anymore. However i couldn't refrain my myself so i bought heaps more at 7.69ish to lower my average. Go look for the post(s), it's there. I was then able to trade on the way up and trade out.
There are always opportunities that present for whatever reason. Patience is the key. Just ask the bots.
I am guilty sometimes of little patience but as I invest in multi billion $ revenue and profit making companies the downside is limited.
Thanks @Lord Bell
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Last
$6.91 |
Change
0.110(1.62%) |
Mkt cap ! $5.780B |
Open | High | Low | Value | Volume |
$6.86 | $6.98 | $6.83 | $32.77M | 4.737M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1111 | $6.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.92 | 17533 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5356 | 6.880 |
1 | 2400 | 6.870 |
2 | 11000 | 6.860 |
2 | 14241 | 6.850 |
2 | 19241 | 6.840 |
Price($) | Vol. | No. |
---|---|---|
6.920 | 17533 | 3 |
6.930 | 14241 | 1 |
6.940 | 14241 | 1 |
6.960 | 8620 | 2 |
6.970 | 1430 | 1 |
Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
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WHC (ASX) Chart |