hehehehe.."burnt trader" clever bloke is such a character - Smart ones usually learn, after a couple of "singed" trades.
The KEY word is "Trade" and know the Stock that one is actually trading, especially with Junior Resource stocks (Gold).
Adam! have you ever used any of the cliches available, actually put such into practice?... Opportunity awaits "when there is blood in the streets"..... "When the Herd is selling the contrarian is buying and similarly when the herd is buying, the smarts are selling"
"take some off the table when Profit is available"
There are many such "cliches" adam... " trying to catch a falling knife" is one and often brings the inexperienced to their knees.
This one gets me (herd cliche) - "the trend is your friend" - Is it? and how do you know where it REALLY is with resource stock Juniors???.... hmmmmmm - Let me know adam, when you have worked it all out.
:) Fish...AMX IS "oversold" and ALL chart indicators are suggesting that very fact. You do read charts similarly, Right!
AMX Price at posting:
69.5¢ Sentiment: LT Buy Disclosure: Held
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