I know exactly how you feel Ellimb. I had $137k saved up and I was doing little trades here and there. Only on blue chips of course. I wasn’t looking to make 10% or more on each trade. I was looking to make 1-2% each trade. With that amount of capital, I could make between $1-2k each trade with what I thought was very little risk.
Beginning of 2017, I saw Telstra had been as high as $6 and was now into the low $5’s. Thought I’d keep watching.
A month later I bit the bullet and bought $137k worth of shares at $4.85. I’ve seen millions of times a share bounce around. I thought it’s come off so much already, chances are it will go up 1-2% from when I bought it (even if it hasn’t reached the bottom yet).
Boy oh boy was I wrong.
Not once have I been in profit over these last 5 years. It’s been good collecting the dividends but that’s very slow. I liked the quickness of trading.
Literally couldn’t have timed the investment worse.
Now we’re so close to breaking into the $4’s again, I’m really hoping we could see a climb back above not just mine, but so many people’s buy price.
GLTA us patient holders
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$3.94 |
Change
0.040(1.03%) |
Mkt cap ! $45.52B |
Open | High | Low | Value | Volume |
$3.90 | $3.94 | $3.89 | $114.7M | 29.20M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 75339 | $3.93 |
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Price($) | Vol. | No. |
---|---|---|
$3.94 | 21984 | 1 |
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No. | Vol. | Price($) |
---|---|---|
3 | 75339 | 3.930 |
4 | 87380 | 3.920 |
8 | 201226 | 3.910 |
18 | 424791 | 3.900 |
12 | 191545 | 3.890 |
Price($) | Vol. | No. |
---|---|---|
3.940 | 21984 | 1 |
3.950 | 945426 | 102 |
3.960 | 238758 | 24 |
3.970 | 299464 | 20 |
3.980 | 417524 | 40 |
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