SDL 0.00% 0.6¢ sundance resources limited

sonray, page-26

  1. 651 Posts.
    Where you buy (the amount of profit you are sitting on) has nothing to do with where you sell.

    You set a stop and move it up when the share price moves up. When it is hit you sell regardless of profit or loss. If you are not working with a stop in spec shares you are risking your entire capital rather than just a percentage of it.

    You can ALWAYS get back into a share if you sell. Your system should be more important than profit or loss on any particular trade.

    Sorry for the tirade but I know so many people who have lost so much despite all the books out there tellling one have to trade safely.
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.