That second paragraph nailed it.
For $500, he will get the most valuable lesson in stock market, that even if the entry was not timed well, patience would work wonders.
Traders will benefit from stop losses etc., but that is something he will have to figure out whether he wants to be a trader or investor.
MGT share price, page-1763
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Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $24.55M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 23.0¢ | $4.526K | 18.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 137532 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 86500 | 3 |
View Market Depth
| Last trade - 13.41pm 30/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |