Yes have been an investor/trader for nearly 30 years and worked in the industry as a broker briefly.
I ma full time trader, i talk about any position im in...if i didnt like it i wouldnt be in it, if the negatives outweighed the positives
As a risk reward play the metrics stack up and will look to derisk when closer to TD, this is quite a normal strategy, I will hold a position through the drilling campaign
lets say 25% COS
Bet $1,000...lose $700
Bet $1,000 lose $700
Bet $1,000 lose $700
Best $1,000 win $3500
Total return $1400, now it may lose more than 70% and it also may win more than $3500
Place your bets or suck on those sour grapes
Im here to make money, i dont care about ego. if you paid too much or arent able to access things like Raisings or seed investments thats your fault.
For many years i was unable to and worked and worked and traded to build up the capital
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