Sadly the person who will be laughing at you the hardest will be your future self, if you ever do grow up and realise why all real investors are long term holders, and not traders. Trading is what we all start doing when we get in the game, because we don't know anything else. Once we learn about the power of compounding over time, we mature and become long term holders, and therefore, we become actual bonefide investors, with trading only a side gig at best. Trading is a tool all investors use, but investing itself is a mindset.
Don't take my word for it, do the maths, a skill you traders fancy yourself on. Work out how all your day trading profits in LTR would amount vs the investor who bought LTR at 1c years ago, not sold a single share, and have just accumulated this entire time? Post the results here, if you dare. Mathematically speaking there's just no way you've out-performed the long term holder here, especially given you have to pay tax on all your trades.
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Last
72.5¢ |
Change
-0.045(5.84%) |
Mkt cap ! $1.758B |
Open | High | Low | Value | Volume |
76.0¢ | 76.3¢ | 72.5¢ | $9.083M | 12.27M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20086 | 72.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
73.0¢ | 350814 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 137 | 0.760 |
1 | 520 | 0.740 |
2 | 22244 | 0.735 |
14 | 265283 | 0.730 |
6 | 45398 | 0.725 |
Price($) | Vol. | No. |
---|---|---|
0.650 | 240175 | 2 |
0.690 | 37004 | 1 |
0.705 | 37513 | 2 |
0.715 | 5000 | 1 |
0.720 | 1200 | 1 |
Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
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LTR (ASX) Chart |