funky.
some think like this which is a fallacy....
say LYC for example.
The upside is huge well according to Lamda anyway.
So Ok, I should go long since it is quite low now 0.55 and I will put a small tight stop loss of 0.54 - If I am wrong, there is little lost, but if I am right there is lots to gain.
DOES NOT WORK. TOTAL FALLACY.
quickest way to go broke in the long run.....paying all those commissions....
unless of course you are God who can work out the risk/reward ratio which makes the odds in your favour.
mcp down, does mean today lyc up?, page-78
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Last
$6.29 |
Change
-0.120(1.87%) |
Mkt cap ! $5.879B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.27 | $5.359M | 851.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 15385 | $6.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.29 | 11617 | 35 |
View Market Depth
| Last trade - 12.59pm 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |