I take a large position in a stock as many have seen. If it does not go to the uptrend I follow the trend down. Rarely do I short my entire holding. The holding I don’t sell is kind of a hedge it it goes the other way.
I’m reducing my average in every trade. For quite a number of sessions it has worked for me however even if I have to pay say an extra 5% of the holding I need to buy back to retain my holding, so be it.
Afterall the value of WHC is far more than what it is currently. So what's another 5% more that I pay if it’s worth say $12?
Mind you I have never paid more than an extra 0.5% to keep my original position.
I take a large position in a stock as many have seen. If it does...
-
- There are more pages in this discussion • 76 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.80 |
Change
0.030(0.39%) |
Mkt cap ! $6.525B | |||
| Open | High | Low | Value | Volume |
| $7.82 | $7.95 | $7.74 | $34.20M | 4.362M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3528 | $7.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 12070 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |