I have been trading commodities for over 40 years. Its a passion. I was apart of the Marc Rich lab.
I didnt follow down the road of Xtrata or Glencore, i went my own way after they shafted him...
The greatest threat to your trades & investments is "ones own mind"...
THE MIND CAN PLAY TRICKS ON YOU. It knows you better than yourself.
I also had B & B & KZL. The zinc mine in WA is still world class but it was all too much with high AUD, labour costs and mis management.
The GFC is an era most in this forum would only have heard about but will never know the severity of just how close the world came to complete oblivion.
I lost a lot of money out of the belief that it simply could not get any worse....and then it did...a lot worse....
By 2010 i made everything back and by 2014 i tripled what i lost in profits.
The point im making here is that you "NEVER GIVE UP".."EVER"...
Become more mathematical, it helps rid the mind of emotion. I can gain hundreds of thousand in a day and lose the same amount in a day with S32, so i just average down and keep it mathematical.
If you need a helping hand, im always here to help a fellow trader with what i have done over 40 years....
S32 has very clever management and they are in all the right places at the right time of cycle. They are one of the very few diversified that understand what is coming in base metals. I believe it is all about Capex in the world of commodities, or the lack of it.
Read some good books about South East Asia, that will give you all the information you need to know about what is coming with regards to base metals demand.
e pluribus unum
RDD
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Last
$3.87 |
Change
0.015(0.39%) |
Mkt cap ! $17.48B |
Open | High | Low | Value | Volume |
$3.89 | $3.89 | $3.85 | $21.33M | 5.505M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 40565 | $3.86 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.87 | 146429 | 50 |
View Market Depth
No. | Vol. | Price($) |
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34 | 216783 | 3.850 |
26 | 176734 | 3.840 |
15 | 163359 | 3.830 |
20 | 276154 | 3.820 |
16 | 163871 | 3.810 |
Price($) | Vol. | No. |
---|---|---|
3.860 | 98670 | 46 |
3.870 | 134973 | 48 |
3.880 | 253209 | 30 |
3.890 | 241236 | 31 |
3.900 | 217441 | 23 |
Last trade - 12.18pm 06/06/2024 (20 minute delay) ? |
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Last
$3.87 |
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Change
0.015 ( 0.58 %) |
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Open | High | Low | Volume | ||
$3.88 | $3.89 | $3.85 | 4704895 | ||
Last updated 12.36pm 06/06/2024 ? |
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