Seems as I can’t sleep atm I might share a story about battery day. I think it’s a good time to reflect on how one can get all sucked into the hype. This in My opinion is a bit less scary as battery day presentation finished 2 hours before the asx was set to open and there was no mention of NVX, the USA the night prior was hectic and got up around 4-5 AUD on the otc if memory serves me.
i remember being so pumped up on the news of the otc gains the night prior that I was going to be able to make an easy 3-5 grand if based on the momentum alone. No faster did I execute an order for 2..20 the price shot even higher leading me to believe the order didn’t fire. I hurriedly punched in $2.5 to repeat and get my one parcel. Success! Then literally in the space of what felt like seconds the share price cratered, and I was like ah well only another $5k in I’m happy to hold that long term anyway. I originally had 10k prior so what’s 15k no big deal. Then i realised the first order I thought didn’t go through actually had and that I had put an additional 10k into a stock that was now falling rapidly.
besides having to tell the wife that I made a mistake which she handled surprisingly well I had to sacrifice another neutral share to cover my mistake.
it was very hard to see my 20k value in the last few months be 10k in the red but I believe in this product truly and know it is destined for success. Which I think is a thing we all have in common in this thread (mostly anyway)
tomorrow all goes well I will be either cashing out as close to the top as I may be lucky to hit this time around and waiting for the dust to settle prior to getting back in or putting a stop loss on at the very least.
so I managed to get out of trouble this time thanks NVX!!
I hope you enjoyed this story and good luck to everyone tomorrow.
im not a financial advisor by any means, but I will give this piece of advice, be calm and deliberate unlike me that day...
MILK.
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