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Last Price

0.22

Today's Change

-0.02 (8.33%)

Day's Change

0.22 - 0.22

Trading Volume

49,400

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
Be the first to like this. Showing 2 of 2 comments

laulau

DividendGuy67

For the record, you must be a good trader to win with WB. You need to buy at very good times and sell at good times. And you cannot be inaccurate, because small inaccuracies can mean a difference between profit or loss. And this accuracy is hard work.

Personally, I avoid because it's a 3 foot hurdle for me - it means I really have to make a serious attempt and at this juncture in my life, I no longer look for 3 foot hurdles but low 1 feet hurdle where I can just walk over it and win.

So, I always trade the mother stocks now and so far this buy and sell stock works extremely well for me. It helps I have a sizeable account, so, I don't need the leverage and it helps it's not a zero sum game in stocks. Last year, I made over a dozen trades (buy, sell, closed) and it's 100% win rate. Open positions around 85% win rate on paper (and the losses small). To me, these are 1 foot hurdle. The certainty of winning is what attracts me. I want to know that before I enter the trade, that I have. very high odds to come out winning. And so, I avoid warrants trading. Just sharing.

For example, one of my worst trades is MAGNUM - I published it in my blog. I chased at 1.16. After I chased, price went up and then fell and I sit on unrealized loss for some time. But because it is mother stock, there is no warrant theta decay. And eventually, market runs up, and now, it's a profit. And I took some partial profit at 1.29. Likely this will be another win. If you trade sound fundamental stocks with good fundamentals, even if your timing is inaccurate, you have very good odds of winning. And wins is what attracts me when trying to compound.

7 hours ago


jaynetan

My trades return 90 % derived from Warrants.
Need to understand
What are warrants
How they functions
The intrinsic value n the underlying shares

5 hours ago


TheContrarian

It's so strange some people are upset because I bought Engtex-WB at 41 sen.

3 hours ago


Rambutan9

Diviguy67,you made very good statements which are food for thought.Thanks

2024-07-24 13:10

mf

target 0.420

2024-08-08 09:35

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