9 Comments
User's avatar
Michal's avatar

Nope, believe me I tried 🙂

Michal's avatar

Which broker lets you buy Silvano?

Kevin's avatar

I can buy it through interactive brokers

Michal's avatar

Can you really? I use IB as well and it's under close position only as it is under sanctions.

Kevin's avatar

I think you're right. I figured because it showed the buy button. Not even the SFG1T ticker?

Damien Parker's avatar

Kevin, this is merely my perspective. I check the market multiple times a day and always read the price sensitive announcements. I invest in the small end of town where analysts and institutional investors are very scarce. Because I know these companies so well including their volatility metrics, I trade my holdings and can interpret (reasonably accurately) the impact of announcements. I use a number of trading entities because I set low buys at various price points as a ‘suicide’ investor always comes along at irregular intervals. Case in point last week - ASX:KOV announced margins decrease and stagnant revenue for this half year - within 5 minutes I sold a portion at $9.91 (average) and bought them back @$9.17 by lunch and the market closed around $9.56. True, my best deal this year by far, but small fish are sweet, for me it is a game which I play seriously. It keeps this old man somewhat agile and relevant. I’m not recommending this approach and each to their own.

Kevin's avatar

Impressive!. There is no right or wrong answer to the poll. The most important thing is to be aware of which type of "game" we are playing. You are checking the prices in case you need to act. That is very different from someone who is checking and gets nervous because of the volatility. Thanks for the feedback!

The Dutch Investors's avatar

It's crazy to me that 50% checks it multiple times a day. I only check if I buy or sell or checking on earnings.

Kevin's avatar

The most important thing is to know which game you are playing. A trader checking often. No problem. For a long-term investor, you can still check, as long as it does not lead to action. But that's the poblem. Price movements generate an emotional response in our stone age brains...