Lol, yeh RMS. That was back in the day I was a Buy n hold stock picker. I never had the slightest doubt I was onto a winner but I thought maybe 50c max. Of course it was an absolute fluke, my rationale was pure guesswork.
Before that I bought a heap of AOE at 40c and they eventually got taken out for $5. But not b4 I sold half for under $2 at height of GFC panic.
I've a had a few good ones and had a loose sell if stock retraces 33% rule which I stuck too. Had things like RSN at 34c which retraced to zero basically. But only a couple of the huge returns.
I reckon if I could get $1000 a day I would be more than happy. But even DTing returns are lumpy. Last year was bleak. We had one day where there were only ten posts on the arvo thread and one was HLL and several were mine.
Cause I didn't have the buffer of RMS ticking over my bad trades really stood out. I was slack at stop loss and got caught with about $50K losses on stocks that were all in profit at one stage. I won't do that again.
So if you're taking a while to get the hang of DTing, don't despair, you're in good company.
