I don’t feel obliged, I was asked for my opinion. Therefore responded. I rarely post on WKT due to the flock of headless geese attacking whilst flying blind.
I laugh at your last sentence….would average traders achieve a 6 figure profit return in the first quarter of 24/25 from trading ? I have said it before, why would I buy into a stock that does not move positively for a long period of time when money can be moved around the markets monopolising over a shorter period of time. It’s far safer sitting in a long term believer than having the skills to trade high amounts in liquid stocks over a shorter period of time. For example APX. Which has been a ripper. Just one of a few ….
In reality, you are sitting waiting to make money on your money. I prefer to just make it.
Very minimal and simple rules of purchase engagement in a stock; - liquidity - momentum - coy is cash backed - minimal debt - director fees and corporate costs low - Prefer coming off a low base, descending wedge. TA. - Institutional T20
WKT - for mine, only satisfy one of the above criteria today. Which one do you think that may be?
(Not financial advice).
WKT Price at posting:
9.6¢ Sentiment: None Disclosure: Not Held
? I have said it before, why would I buy into a stock that does not move positively for a long period of time when money can be moved around the markets monopolising over a shorter period of time. It’s far safer sitting in a long term believer than having the skills to trade high amounts in liquid stocks over a shorter period of time. For example APX. Which has been a ripper. Just one of a few ….
