RCR 0.00% 2.6¢ rincon resources limited

Ann: Avalon Drill Program to Commence, page-410

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  1. 501 Posts.
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    That's actually a good post..
    I got stopped out @ 12.5c for a 25% profit on thursday, could have taken a 50% profit a few days earlier, however chose to stick it out with a stop loss in place as i like the short to mid term prospects here. I've since taken a smaller position and will see which way sp goes as to whether i top up or strap in. One thing I've learnt is you need to be ruthless and lock profits @ this end of the markets, you might miss out on some +% however that's a million times better then the alternative. Sentiment changes at the drop of a hat and there are A LOT of ST traders which = volatility! Not one strategy fits all sticks or traders, however at the end of the day its always PROFIT/LOSS on the cards. GLTAH
 
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