Just started investing in the ASX six months ago. While most of my holdings are long termers I also put aside a portion to trade a few speccies. ROG has taught me a few lessons...
Didn't have a real plan (mistake/lesson #1) but I saw ROG shareprice rocket and drop dramatically and thought it would take back off.
Didn't do much reasearch (mistake/lession #2) before I bought in at $0.058 - ouch.
Didn't set a stop loss (mistake/lession #3)
Watched the share price erode slowly but didn't want to crystalise my loss (mistake/lession #4)
Decided not having stock losses was a mistake so set up stock losses on 22nd Feb. Just set them +/- 10% from current value but didn't think about it too much (mistake/lession #5)
Next day, ROG falls on poor announcement and my stop loss is triggered at $0.022 - ouch again.
Think about buying back in as I have now done more research and think it has been oversold. Hesitate. Stock recovers. Left empty handed.
Lessons learnt.
what not to do
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.11M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $2.109K | 521.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 23691951 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 67767085 | 100 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| ROG (ASX) Chart |