GDN 0.00% 1.7¢ golden state resources limited

stop losses and a bit of panic, page-38

  1. 17,243 Posts.
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    hi 0118

    Last couple of days

    I bought 300,000 or so at high 70's low 80s then sold them at 91,92 but only sold 240,000 or there abouts to get my initial outlay back.

    Then kept the remaining 60,000 (profit shares) in the mix

    Mind u I bought some days before at around $1.00 which ive held onto instead of taking a loss ive invested more at the bottom levels to counteract the loss as it stands and made it up on the other trade, if that makes sense.

    Mind you, if the SP keeps falling then I may have enlarged my losses on one hand and lowered my profit on the other, risk v reward i guess.

    Also done similar with the oppies
 
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