Short Term Trading Weekend Lounge: 21-23 Oct, page-107

  1. 727 Posts.
    lightbulb Created with Sketch. 3
    @Nodferatu bought MZI and after someone ditched a $2500 of shares today I'm down 10%. Its a paper loss but it could easily become reality if hits my stop. Bought on a FA basis and comfortable that upcoming news will be encouraging, as its a turnaround story. If it fails to turnaround in my timeframe will cut my losses and move on.

    Another flea ridden dog this year was ADO, got really lucky there as sold 90% my position for a slight profit but lost 50% of the remaining 10%.

    Trying to preserve and grow capital can be achieved in many ways, dependant on knowledge, time, capital, comfort levels etc etc and or trading styles. However if youre selectively trading a limited amount of stocks you can limit the potential losses
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.