Hi @Goblin and holders, am a trader as well as an investor, always note the occasional derogatory remarks re traders as opposed to investors. Never really understand the problem. The comment you make about daytraders converting to investors in certain stocks in order to begin the "process of huge money generation" is the whole point.
If you view trading as a means of sifting thru that vast forest of companies that are listed on the market you often pick up something worthwhile. Even if you knew nothing about this stock, that hammer throw on 25/08 would have put you on alert. Then comes an analysis of the fundamentals. The positives are that you haven't fallen love with the stock, had to hold thru gut wrenching dips, capitalised on best use of your funds and then end up with the stock anyway for the longer term. So you are right daytrading is a good thing!
Enjoy your input, that's the end of my lesson.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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Price($) | Vol. | No. |
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2 | 14866 | 0.440 |
1 | 20683 | 0.435 |
1 | 6800 | 0.430 |
2 | 2392 | 0.425 |
Price($) | Vol. | No. |
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