dangerous territory, page-42

"Conviction is not about holding on tight, it's about trading in amd out and using any profits to accumulate your position."

Easier said then done. It sounds simple but its not because Lynas is a highly unpredictable stock, So many times i hear people predict its going to go higher and then it crashes and so many people predict its going to go lower and it does the opposite, the risk of selling out is that the stock goes higher and you mentally f*ck yourself over in pain wanting to get back in. Also lets not forget each time you do your buy and sell buy and sell, Julia Gillard says nice job well done, give me half of your profit because i have slapped you with capitals gains tax.

My rule is very very simple. I ask myself has the fundamental changed? Nope Is the rare earth price going higher YEAP, Any bad new with regards to progress of Lamp? Let me go check Anti-Lynas forum NOPE! Is the Greek Crisis going to stop people from purchasing electronics? NOPE i am going to hold and accumulate more from people who panic out of their holdings.