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2.33%

2.1¢ strategic energy resources limited

Ann: Drilling commences at Achilles, page-46

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mhkforevermci

3,116 Posts.

232

22/08/24

23:08

Post #: 75333794
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Originally posted by ionyxs: ↑

Pip trading is a waste of time on these low caps, sure some people make some money, others break even and others lose. Most traders aren't making 100% gains on their trades.

I have found from experience over the years that the best way to trade these is by building a timeline and hold through to feasibility stages - I've had so many stocks provide huge returns with the largest being 9,400% in the space of around 12 months. I see traders saying they're happy with 20-30% per year and others that are really good producing 600% per year but none of them compare to the returns that can be seen from speculative stocks and understanding the lifecycle of mineral discoveries as entry and exit points rather than using individual news events. Too much work for less gain IMO.

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Which stock did you make 9400% on etc? Thanks

SER Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.1¢		Change -0.001(2.33%)		Mkt cap ! $14.04M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.1¢	$7.836K	373.1K

Buyers (Bids)

No.	Vol.	Price($)
7	800329	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	40000	1

View Market Depth

No.	Vol.	Price($)
7	800329	0.020
8	865948	0.019
4	994000	0.018
3	1294117	0.017
1	354041	0.016

Price($)	Vol.	No.
0.021	40000	1
0.022	863544	3
0.023	681818	3
0.024	741489	4
0.025	500000	1

Last trade - 12.56pm 02/10/2024 (20 minute delay)

SER (ASX) Chart