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
$3.95 |
Change
-0.040(1.00%) |
Mkt cap ! $336.0M | |||
| Open | High | Low | Value | Volume |
| $4.08 | $4.12 | $3.95 | $277.7K | 68.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 422 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 422 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MYX (ASX) Chart |