Het Sc, when does one stop buying?, I think the strategy of averaging down does come to a fork in the road where it works out or not work out, ….like a Company I was invested in, WFL, where that strategy failed, (I was out of it well before hand).
Little like doubling your bets on red or black on a roulette table and hoping to recover your money.
The emotions of ‘FOMO’ or concerns for lost of capital are powerful emotions, Chillydog, imo, has covered himself very nicely; preservation of capital with potential upside on the remainder of his holdings.
The emotion felt when I sold 1000 shares @$27 to buy my Wife a new car and thinking about the ‘loss’ if the shares continued to rise!, lol.
Have been selling for a while so I can cash in and add to my industry super fund, it has made a difference but no where near what it would have been at $27/$23, never more true than a bird in hand is worth …..
At 64 happy to start drawing down, another truism; if I have 100 grand and somebody else has 1 million it can not not make then 10 times happier.
Gltah, not advice and imo.
- Forums
- ASX - By Stock
- I'm done.!!!!
Het Sc, when does one stop buying?, I think the strategy of...
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$15.25 |
Change
-0.250(1.61%) |
Mkt cap ! $322.3M |
Open | High | Low | Value | Volume |
$15.50 | $15.50 | $14.80 | $140.4K | 9.315K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 297 | $15.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.25 | 1300 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60 | 14.800 |
1 | 206 | 14.500 |
1 | 1388 | 14.400 |
1 | 60 | 14.350 |
1 | 38 | 14.260 |
Price($) | Vol. | No. |
---|---|---|
15.250 | 1300 | 2 |
15.400 | 238 | 1 |
15.500 | 370 | 1 |
15.660 | 1925 | 2 |
15.950 | 848 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
AVR (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online