HYD 7.69% 1.4¢ hydrix limited

Oct charts, page-12

  1. 4,726 Posts.
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    Hi Fid

    Can I ask why you chose this level as a stop loss? I'm always interested in ppl's trading methods and trying to learn something new.

    I'm actually considering another buy in, as the 8.6c - 9c range has held like a rock as support for many, many months as the shareprice reaches its lows, yet again.

    Effectively it seems you are literally buying a bit early (high) and selling at what may probably be the low.

    My thinking is buying at 9c ish and having the 8.6c, twelve month (even much longer from memory) low as my general stop-loss.

    If it broke that level on volume , then I'd probably be taking my loss.

    Milesy
 
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