More of a trader's lament story this one. I started trading on a short term basis in 2008 during the GFC, while living in Perth i was told by a very good source to purchase SLR(Silver Lake Resources) at 10c. I sold months later at 12c to buy my wife an $11,000 engagement ring. The ring money is worth over $300,000 today and my wife is reminded on a daily basis.
I've been caught out on illiquid stocks with great prospects and been burnt by stocks too liquid getting manipulated.
The single most important trade for me is the stock moving higher especially in this scratchy market, too many stocks heading south for no legitimate reason and trying to second guess the market with a contrarian play has cost me. Good luck traders and have a merry xmas.
- Forums
- ASX - General
- what is your trading story?
what is your trading story?, page-35
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online