Hi regular,
Both scenarios or two types of investors are right but can be wrong too, all depends on their risk factor, capital position, goal, experience. Looking at your post I am sure not many posters here are capable of holding CSL or others on top of what you have at the amount you mentioned which was 30k and that is over 1 millions bucks and not many people here have that capacity and have capital enough to hold when they make a wrong decision.
Regular, you have a strong position and able to top up everytime it drops by $1 and you have to realise not everyone have that capacity and being in your position obviously your strategy works for you and might not work for someone else and you can hold and collect divs.
Other traders might not have this position where they can hold and keep buying when they make a wrong move so everyone is different and nothing wrong or right as long as the end result is satisfactory for them then it is the right strategy for them.
Cheers,
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Last
$312.15 |
Change
2.970(0.96%) |
Mkt cap ! $150.8B |
Open | High | Low | Value | Volume |
$311.01 | $313.50 | $310.40 | $185.0M | 592.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 900 | $312.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$312.15 | 4003 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1011 | 327.750 |
1 | 102 | 323.610 |
2 | 73 | 321.150 |
1 | 11 | 318.390 |
1 | 306 | 317.350 |
Price($) | Vol. | No. |
---|---|---|
295.000 | 100 | 1 |
296.550 | 227 | 6 |
296.860 | 1000 | 1 |
298.870 | 50 | 1 |
303.490 | 130 | 1 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
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