KEY 0.00% 0.1¢ key petroleum limited

quiet, page-9

  1. 15,276 Posts.
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    Guys...

    Try not to hold so hard...lol...KEY is good and will bererated accordingly...no need to rush the event.

    I sense many will simply sell should she rise a few points anyway...and then what...what stock will you lose it on next?

    The typical trader adopts a mind set almost as soon as he buys as stock to sell it as son as possible...this is a mistake in the current market.

    Say for example KEY were to rise to 35-40c today or tomorrow...probably half of you would sell, pat yourselves on the back for a job well done, then go looking for another stock to play...only to lose all your gains on that.

    Meanwhile, KEY will probably continue to hold most of its next gains...if not gradually continue to rise.

    Need to choose or traders from our investors wisely...then when we do, show a degree of intelligence in the way we approach them.

    Overe trading will be the demise of many in the current markets...in fact I fear there are already many who will be hitting the wall near term, mostly on the back of over-trading the markets (and mostly taking loses). The argument to sit tight on certain stocks right now has never been stronger.

    Some will work it out quicker than others...they will probably survive...those who think they can keep applying the same basic processes they have over the last 3 years or so, will likely fade away...sadly.

    Let KEY do its thing...and the market will warm to it all by itself without the undesirable need to pump up the action.

    Cheers!
 
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