FXR 0.00% 0.2¢ fox resources limited

getting close to reentry point, page-13

  1. 1,061 Posts.
    JC - this stock's specifics aside.

    If you believe this stock or any stock is doomed and your capital is at risk why the hell dont you withdraw what you have and live to fight another day???

    We all make bad decisions.

    The trick is to capitalise on the good ones and minimalise the impact of the bad ones

    To have say $20k tied up in a share that cleaves itself in half and leaves you with 10k is bad enough

    But to then arrange the deckchairs on the Titanic and watch the remainng 10k dissipate is really a fool's notion

    The probleme I think is that youre afraid the thing will turn around and youll miss the rise.

    The trick is to reenter and take the ride perhaps missing the entire ride but at the same time preserving the capital base you have.

    The truth is you REALLY dont know why the share is tanking (you think you do....) and then armed with this erroneous mindset you're then prepared to lose the rest

    Get out and invest in some other gaining commodity and keep your eye on FXR.

    From someone whos been at it almost a decade and who has paid for the eduction that share trading demands
 
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