SS - this may be close to what I think you mean.
The end result would be a very small profit, but you would now have an average at 48C. Of course it is predicated on buying in at the bottom of the downtrend - a difficult knife to catch at times :-)
However your max funds at risk would be less than $20k compared to the straight average down example of $180k.
Best.
SS - this may be close to what I think you mean.The end result...
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Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6556 | $7.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 3385 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |