BNB babcock & brown limited

any positivity, page-31

  1. 1,612 Posts.
    Please stop being so hard on yourself. You are not stupid! Even the best have been in similar positions. We all get a boost when the market goes with us and we feel so clever but there is no point blaming yourself when it goes the other way.

    What I do is to ask myself each day if I had the money in the bank that the shares are currently worth would I buy them?

    If the answer is no - cash out. The price they were last week or a month ago is irrelavant. It is what they are worth right now is what you are currently worth as far that stock goes. I find this cuts the emotion out of the scenario.

    I am not holding but if I was in your position if the shares don't bounce in early trade I would cut my losses and if they do bounce I would have a floating stop loss of about ten percent underpinning the bounce.

    The funds upon a sale I would put into Woolworths (or similar stocks) and hold them long term and reap the dividends till I have my money/losses back.

    Just my opinion and DYOR

    What do others here think?


 
watchlist Created with Sketch. Add BNB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.