Here is some musing.
Suppose, your original comfort level is $10K bought at $1
Let's say the SP has risen five fold to $5, and it is now worth $50K
Let's say the SP goes back to $4 before it makes it's way to $10
If you sell out at $5 for $50K to lock in profit. All good.
But, would you have the conviction to buy again at $4 with the same size parcel?
That's $40K, which is now way above your original comfort level....
and there lies the upside risks to me
MSB Trading - 2020, page-1226
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Last
$1.40 |
Change
0.045(3.33%) |
Mkt cap ! $1.592B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.42 | $1.33 | $3.802M | 2.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23940 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 22571 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MSB (ASX) Chart |