TOX tox free solutions limited

and so it closes just..., page-8

  1. 5,874 Posts.
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    Very good post oneday

    I love TOX to bits and have formed an attachment to the stock as I do more and more research on it, which is a big no no in any trading 101 class.

    I too got scared and sold out a few TOXO at its low of 1.5. I sold 220k. I thought it was going back to 1.2. Of course it didnt. I bought a few more at 1.7.

    One of the lessons I have learnt is not to fall in love with a stock. I was making a killing on NMS. I rode it up to $1.50 and thought it would continue to $5 within months. It is now less than half of that. 80% of the time, stop losses will wok in your favour. it just so happens on this occasion, it bounced strongly and got left behind. Dont trade your trading strategy mate. Preserving your capital is the best strategy you can have. You can always live to fight another day. I wish I had adopted that a year ago. My capital would be much higher.

    As long as we learn from our lessons at the end of the day.

    Cheers and best of luck
 
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