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6m better off for tax discount?or just difference from sp since...

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coppergaz

4,071 Posts.

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22/06/21

14:35

Post #: 53991260
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Originally posted by CrocDundeeCam: ↑

This is EXACTLY what I was doing with APT last year as well. Like you, I would have been better off the very first time I bought APT and held til the end of year - 6mil better off But I can't complain . I'm doing it on behalf of my Dad who has a SMSF and is all tax free.
I gauge the market based on overnight what happens in the US and our potential futures. My initial thoughts today (which turned out correct) it would open higher but retrace. Next time I could be completely wrong. I only buy on a down trend and pick a target and then put in the sell order for my target profit price (usually 10c profit which in this case was 7k). I add a couple of cents to cover the brokerage fee.
I will look to buy again when I feel it is good to buy. Won't be buying again today. I'll see what happens tomorrow and gauge what I think might happen. I will never be right 100% of the time so that is why trade with very small margins but with a larger capital. I don't think about what could have been. Profit is still Profit, whether $70 or $7,000. Making your money work for you is key.

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6m better off for tax discount?
or just difference from sp since getting out?

your a whale!

Z1P Price at posting: $8.13 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $3.41		Change 0.060(1.79%)		Mkt cap ! $4.354B

Open	High	Low	Value	Volume
$3.43	$3.45	$3.30	$19.24M	5.705M

Buyers (Bids)

No.	Vol.	Price($)
33	136837	$3.40

Sellers (Offers)

Price($)	Vol.	No.
$3.41	20961	6

View Market Depth

No.	Vol.	Price($)
26	57684	3.390
13	43326	3.380
20	60990	3.370
12	34222	3.360
19	128692	3.350

Price($)	Vol.	No.
3.400	194087	35
3.410	91354	12
3.420	157459	20
3.430	147185	19
3.440	217976	24

Last trade - 12.32pm 12/11/2024 (20 minute delay)

ZIP (ASX) Chart

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