I get the whole buy low and sell high thing, however how can you be certain what's going to happen in the future? Say we get a TH tomorrow morning with some ripper results. The two previous times this happened we gained ~130% and 80%.
Sure, by trading this dip you may have been able to buy in at a 10-20% discount to your previous holding, but any trading halts between your trades would have well outweighed any potential gains you'd otherwise make.
I'm pretty new to this whole trading thing, and got burnt trying the same on APT at like $11 (rookie move) so I'm leaning more towards a buy and hold strategy. Do you all have a pretty good strike rate trading, rather than just holding?
I get the whole buy low and sell high thing, however how can you...
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Last
$1.14 |
Change
0.020(1.79%) |
Mkt cap ! $441.4M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.15 | $1.12 | $3.158M | 2.794M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 20306 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.14 |
Change
0.020 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| $1.12 | $1.15 | $1.12 | 762588 | ||
| Last updated 16.09pm 03/05/2024 ? | |||||
| CHN (ASX) Chart |