The market gambling these days, I know one thing, never ever ever am I going to use a stop loss again. Had one on CMR and BBP yesterday and got drilled. Same again 6 months ago and about a year and a halve ago before that.Every other time when it hasn`t gone my way,I averaged down and managed to get out with some profit. For the record if I held on I would have been out with a profit on CMR and sitting on a profit on BBP. Got to control my emoitions.
Cheers
BNB
babcock & brown limited
