RHK 1.27% 78.0¢ red hawk mining limited

anyone topped up today, page-6

  1. 2,084 Posts.
    As FMS shareholders, I could not see big change fundamentally of FMS IO. But viewed in system risk control, we could get a lot of lessons:

    ***
    What happened?
    1. The market crowd has lost all of hopes on the market.
    2. Human needs the hope. No hopes they could commit financial suicide one after another by jumping down from the cliff.
    3. No hopes would put the human in panic and push the human stopping to think.
    So another black friday in the human financial history.
    ***
    What lessons?
    1. Financial tsunami is much powerful than most of market players expect. Me too.
    2. What has happened is not important but what the lessons are
    2.1> Damages have been done!
    2.2> The extension and strength of the today was unbelievable
    2.3> Sell to flee away from the system risk next time
    2.4> Only bet on something like FMS IO in the system tsunami.
    2.5> Get the cash in hand and buy in the day as today
    2.6> You might not get lowest price but you could be sure you would win if you hold.
    3. If I have the cash, I would buy today, I would not sell anythig today.

    ***
    Forge your tools for the inevitable booming
    1. Don't jump in too quick
    2. Spread to buy in time for risk control
    3. Buy qualities
    4. Ride on the next boom until its next peak.

    ***
    FMS has done a very good job. In this financial tsunami, it performs very well.

    If I had known the tsunami would be so strong, what would I do? I would had sold at $0.25 and bought FMS now.

    Unfortunately I could not see so far, so I bet. I would bet on it until its last hole. If it had IO more than 500mT, I would hold until the next booming.

    Sorry, Zaccc, I could not help but talking about my plan. I need it to sharp my mind for risk and opportunities.

    I am not posting for right or wrong but to learn the logic and common senses in the market. It is my hobby to learn and play the game in the market.

    LOL.
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.