LYC 0.66% $6.10 lynas rare earths limited

. Day trading with LYC could work really well as the stock...

  1. 872 Posts.
    . Day trading with LYC could work really well as the stock usually swings about 4 to 10 cents daily but trying to pick it can do you head in.
    Like most Im sure,my LYC portfolio is split into 3 allocated financial sectors.
    Originally it was 60% ... LT...15%...trading....25% cash.
    More recently..since $1.50.(and that was only 5 weeks ago.)
    my allocation is 85% ..LT...15% cash.
    Some of my memorable trades..was happy to get in when big drop came at $1.19...and happy when I got out around $1.32-33...ended up getting back in around $1.45..not so happy.
    Did about half doz. trades between $1.45-$1.50 stages..happy...waited for retrace back to $1.45...naturally instead shot up..had to buy back in at $1.61...sold $1.72...had to buy back in at $1.77...that was it...I suck at trading this stock.
    I did my sums and had I not had a trading mentality,with the difference I could have had a months holiday in the Bahamas.
    Now all I concentrate on is when the last 15% cash goes in...even that..had I spent it at $1.19.
    If I feel bad about the.."What ifs"..how must the downrampers feel with no stock at all.Now that cheered me up. :))
 
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Last
$6.10
Change
0.040(0.66%)
Mkt cap ! $5.701B
Open High Low Value Volume
$6.13 $6.13 $6.08 $1.296M 212.5K

Buyers (Bids)

No. Vol. Price($)
11 2389 $6.10
 

Sellers (Offers)

Price($) Vol. No.
$6.11 12655 18
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Last trade - 11.00am 12/08/2024 (20 minute delay) ?
LYC (ASX) Chart
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