JHC - looking at some of the huge increases in the size of the bets required to average down, and the claims, then in my book it is gambling. One can dress it up anyway one wnats, but from a risk management point of view this is not investing. IMO
Anyway, I'm having problems getting Westpac to allow me to trade $58k of shares for $20. Their assertion is that unless I'm trading in terms of $50M PA, then their retail pricing would be set. On a $58K trade about $60.
Appears strange that after the $20 trades WB started charging .011% points. Are you still claiming these trades were real?
average down - lyc, can it work?, page-83
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$6.40 |
Change
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Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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