You said in a now deletedpost “Losing 6 figures on Intiger was mere pocket money to me.”
We are afraid to take aloss because it affects our ego. The objective of money management is to eliminate large losses and to try to hang onto the largest profits. If it is that simple why can’t everyone do it? Because of the psychology of investment which includes fear, greed, avoiding regret and ego.
Investing is the executionof buying and selling strategies, including money management. Managing investments through to selling is far more important than finding good shares. Analysis is only one part, and not the most important part. Simplify analysis and focus on portfolio management, money management and the psychology of investment decision-making.
The buying decision doesnot guarantee we will make profits. It is what we do after that counts most.Serial decision-making because each day new information comes along so assess and decide whether to sell some, or all, buy more, or hold. Deciding to do nothing is a decision.
Winners are alwaysevaluating what they do.
- Forums
- ASX - By Stock
- BRN
- 2020 BRN Discussion
2020 BRN Discussion, page-13818
-
- There are more pages in this discussion • 15,496 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 BRN (ASX) to my watchlist
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $333.6M |
Open | High | Low | Value | Volume |
17.0¢ | 18.0¢ | 16.8¢ | $1.713M | 9.977M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 308539 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 1292113 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 308539 | 0.170 |
55 | 2453298 | 0.165 |
107 | 2588883 | 0.160 |
31 | 995930 | 0.155 |
99 | 2604716 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 1292113 | 14 |
0.180 | 1422564 | 19 |
0.185 | 867617 | 29 |
0.190 | 843138 | 14 |
0.195 | 762929 | 10 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
BRN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online