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1.64%

$7.13 whitehaven coal limited

I've actually never had a ten bagger. I struggle mentally above...

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pastperformer

7,811 Posts.

2378

09/10/22

11:11

Post #: 64104237
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Originally posted by polarbear666: ↑

Completely disagree with using stop losses and trailing stop losses etc because the big boys will constantly stop loss hunt.

Most platforms have a very small % limit for trailing stop losses and the big boys know exactly and will routinely dump the price to grab shares before it instantly recovers. look at that drop the other day to below $8. I would never have made big money if I used stop losses.

In my humble opinion the superior way to manage risk is with position size: Let your winners ride and grow and cut your losers when the investment thesis isn't met or you have a better use for the capital in another place.

Just my 2c and not financial advice to anyone. The downsides to stop losses just needed to be pointed out as that's a pretty quick way to get rinsed by bots and big boys.

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I've actually never had a ten bagger. I struggle mentally above 2 bags.

I also agree that stop losses are the best way to get pushed out a profitable position. I never ever use them.

Last edited by pastperformer: 09/10/22

WHC Price at posting: $10.96 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $7.13		Change 0.115(1.64%)		Mkt cap ! $5.948B

Open	High	Low	Value	Volume
$7.01	$7.16	$7.01	$16.98M	2.403M

Buyers (Bids)

No.	Vol.	Price($)
16	15409	$7.12

Sellers (Offers)

Price($)	Vol.	No.
$7.13	26109	19

View Market Depth

No.	Vol.	Price($)
17	17131	7.130
35	44907	7.120
14	34836	7.110
12	33455	7.100
9	30617	7.090

Price($)	Vol.	No.
7.140	15052	22
7.150	38865	19
7.160	30727	15
7.170	28526	10
7.180	11282	6

Last trade - 14.23pm 10/10/2024 (20 minute delay)

WHC (ASX) Chart

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