SYR 3.70% 26.0¢ syrah resources limited

Great Short Opportunity, page-114

  1. 1,518 Posts.
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    So the last 10 years were all just a luck? Interesting thesis.

    Shows how little you understand about trading. Explain why range-break trades intraday yield 70% success rate with 4:1 R:R

    Imagine you're at the roulette table with 70% chance to win 4:1. If that one trade set up comes, I take it every day of the week. It doesn't come every day, of course.

    I don't expect you to understand probabilities and managing risk.. Hell, it's probably why you held SYR from $2.50 down to 50c. If you can't understand risk management in investing, you'll never understand simple risk management in day trading.

    The only difference between investors and day traders is the time frames. My set ups work on 1min charts just as well as they work on daily candle charts.

    But you call it tea-leaves, so that tells me everything I need to know about what you know and how you're stuck in your ways and will not be convinced otherwise, so discussing this with you is pointless.
 
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Last
26.0¢
Change
-0.010(3.70%)
Mkt cap ! $269.0M
Open High Low Value Volume
27.0¢ 27.5¢ 26.0¢ $1.213M 4.534M

Buyers (Bids)

No. Vol. Price($)
37 940470 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 30745 1
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Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
SYR (ASX) Chart
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