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clock Created with Sketch. 02/02/24
18:12
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Originally posted by Dragone64:
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Dear JumpstartFirst conclusion: I am in the red. But in percentage terms this is rather irrelevant . I'll explain why in a moment. One or 2 good week and everything is green again.Second conclusion: only speculate with your own money. Preferably with money that you don't need. Trading is fun - but in the long term it doesn't pay off.Third conclusion: You make the most money when others sell headlessly and without thinking. Ideally in phases of total capitulation.Fourth conclusion: Technical indicators are only important when they reflect extreme situations. Nothing has happened since the beginning of the year. No news. No results. Such results could be forthcoming as early as next week. Perhaps not until mid-February. More drilling to come. Honestly - as if someone here has high losses - e.g. 70% minus and now wants to save a few percent - then I think it would be better to wait for the results and accept losing another 20%. Unless you have to sell because you can no longer cover loans, for example. This is how fund managers who speculate (sorry - invest) with their own money normally behave. Fifth conclusion: I think some people made a good buy today. From a risk/reward perspective in any case . nd as I've done a few times in my life, I'll buy a few more pieces. he portfolio remains what it is. The opportunities are still there. motions are usually a very bad guide - especially in difficult situations. With this in mind, I wish everyone a great weekend. Even those on my ignore list.
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that's all great, but it's not 1980 anymore. Any mug could buy and hold and make money back then. not so now. You're in the red. it's ok. I loaded up in March '20 at $0.01 having bought in originally at $0.03. I'm
