I think that's the take-away from this baggy. It's too easy to want to take profits or trade and not give yourself the chance to get seriously rich. Sure, sell a little and free carry if you want, but don't try and trade this it's too hard. Several bloggers here have their pants down now, they may get back in but it's getting further away.
I got some bad advice back in the post GFC days. The market went up quickly from 3150 odd on the ASX and I was told that the first move out to 3,750 was a dead cat bounce. In fact everyone was saying that, so I tried to trade it. WRONG MOVE. Not only did I lose a motsa on the way down I watch everyone else recover their lost fortunes whilst I sat patiently awaiting a pull-back. Still waiting.
LNG Price at posting:
$1.45 Sentiment: LT Buy Disclosure: Held
