Make a decision as to whether you think a stock (business) is undervalued or over valued at current prices.
Then make your trade.
As a minimum, people should learn to analyse financial reports.
Buy some books on value investing and financial report analysis. I suggest taking an associate Uni or TAFE course in accounting. Go to some seminars. Or learn how to use company valuation software like StockVal.
What is equity. What are the different components of equity. Why is there a difference. What are provisions. What is IFRS. What are the types of statements, how do they relate to eachother. How do you read notes. How do you disseminate information, what is "creative accounting", ...
If people want to be rich, make financial _literacy_ a priority.
Don't sit here giving meaningless hourly commentary on what the "depth" looks like, or what transactions went through, or make stupid projections/predictions on flag/candle patterns and oscillators etc or ask if it's too "risky" or say its trader's paradise when simple support/resistance/double tops/bottoms etc observations suffice.
GTP Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
