CDT 12.5% 0.5¢ castle minerals limited

Sorry to hear about the stock tanking after this, was over 20%...

  1. 1,018 Posts.
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    Sorry to hear about the stock tanking after this, was over 20% down at one stage.

    This would be a good time to implement risk strategies and if you don't have one - now might be the time to cut loses and protect as much capital as you can.
    Look at your goals with this trade and investment and ask if they have been achieved, you can never just buy and hold junior explorers - you need to evaluate new info, results and announcements to make sure they still align with your initial investment thesis.

    Stop loses are critical in junior explorers. I have learned this the hard way. You can't win on every trade and investment. The key is to minimise loses when they occur and place capital somewhere else where there's good opportunity. And buying low is very dangerous unless you genuinely think there's a good opportunity and good value.

    Just my 2c. DYOR
 
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Last trade - 12.41pm 01/07/2024 (20 minute delay) ?
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