Just a suggestion. Always take a little off the table when hitting new highs. This reduces your capital risk and will eventually get you to free carry.
You can then buy back in to reduce your cost as markets correct (like now)
I thought very long about selling up (100%) at 15c but decided to sell 20%. If prices get back to my new buyin point then i recoup my 20% and reduced my buy in to well between 1 to 2c.
I believe we will be 21c by dec but kept to my trading model to reduce my risk.
Yes i do risk missing out on CHN type runs on 20% but thats the tolerance i am willing to accept
Just a suggestion. Always take a little off the table when...
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Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $59.72M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $33.15K | 1.996M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 5596651 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1236720 | 8 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
1.6¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.6¢ | 3810917 | ||
| Last updated 15.55pm 31/05/2024 ? | |||||
| DRE (ASX) Chart |