Experience pays. I have found the play somewhat predictable . I am fortunate to be 7 years on ASX . Also I played small in first 3 years.
My journey with WBT has been good. I may have been fortunate of course, with no real skills in the game . I discuss the market with 3 mates , their shares and my shares , we use very different rational to understand the movements. Some folk say dont "predict" but react and respond. I don't get that really cos your wins are in front of you (and so are your losses). Along the way many of my 6 to 8 weeks plans have played out well.
I do feel for folk less experienced who have been burned here.
So here's some free advice - only play with what you can afford to lose or don't play.
I have a large holding in WBT . I may need to offload the whole lot in next 6 months if we cant sell this tech better. I love the tech . But gotta start looking at an exit plan when it falls behind schedule . Cant just stay "in love" with a stock. No meaningful news by Christmas 2024 and i'll be surprised if we have an SP above $2.50 . Now obviously I wont wait for that to happen - Ill have to "predict" that it is happening.
Good fortunes to all.
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3 | 201001 | 2.250 |
11 | 32141 | 2.240 |
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9 | 54612 | 2.220 |
Price($) | Vol. | No. |
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