When i first started out i initially gave myself lots of room and failed dismally, tried longer term investing and that was even more of a disaster.Swing trading i very quickly know if im right or not, cut my loses and as long as my plan was followed no biggie. I find the older i get the more risk adverse i am and shudder when i think about all the 'mistakes', huge positions etc i had on, though i guess thats part and parcel of the learning process. Totally agree def need good risk/reward setups and was lucky cos robx7 indirectly hammered that home when he was kicking round these parts.
Also as i get older divi plays get more appealing at least for a longer term plays and deriving somewhat of a second income from those that could cover bills/living expenses.
Peace
Karl
- Forums
- ASX - By Stock
- XJO
- Remembrance Day. Tuesday, 11 November, 2014
Remembrance Day. Tuesday, 11 November, 2014, page-35
-
-
- There are more pages in this discussion • 5 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
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a |
Open | High | Low |
8,226.3 | 8,319.4 | 8,226.3 |
Featured News
XJO (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online