That is a valid strategy BUT then you should not be worrying about price fluctuations like this should you?
You should be ignoring all this noise and only focus on the 5-10 year outcome or whatever time horizon you set for yourself and look at macro and fundamentals.
I trade about 30% of my holding in MYX, the rest is there for the long term.
Important to get your head in the space for your strategy....
"In the short run, the market is a voting machine but in the long run it is a weighing machine"? - Benjamin Graham
MYX stress test, page-31
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Last
$4.64 |
Change
0.030(0.65%) |
Mkt cap ! $395.5M | |||
| Open | High | Low | Value | Volume |
| $4.61 | $4.70 | $4.54 | $726.6K | 156.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1451 | $4.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.65 | 353 | 8 |
View Market Depth
| Last trade - 15.01pm 18/07/2024 (20 minute delay) ? |
| MYX (ASX) Chart |