“Being on the wrong side of a trade” – Stockhead

Stockhead article published 12/8/2020.

We start this week with a BNPL hypothetical: With Zip Co (ASX:Z1P) currently trading around $6, a Primary School teacher (who bought ZipCo at $2), a Theoretical Physicist (who bought ZipCo at $7) and Killface (pictured; from the best TV show you’ve never seen) walk into a bar. Who is the winner?

Have you heard this one before? No? OK, strap in kids.

The first part of this story requires definition of the terms, then, we find out how they all got here and why I am telling this story.

The full article can be found at: https://stockhead.com.au/experts/trading-with-focus-being-on-the-wrong-side-of-a-trade/

Marketech