I am in the fortunate position of quitting my full time job a couple of years ago at 52. I trade full time and have plenty of time to do research. A valuable learning tool for me is monitoring stocks I have owned previously to reflect on my decision process.
I recently got out of ADN it was a tough decision as I took a significant loss selling at 4 cents. It’s now at 2 cents which makes me feel a little better for selling and gives me a little confidence in my decision to reflect on going forward, a lot of my AQD research was done when holding. I was in at 2.4 cents and took a loss when I sold I continue to monitor it for my own trading education and if I feel the risk reward was to change I may get back in.
I will leave it at this given I have made my point and discussed it in relation to the quarterly and believe there is a line between serial down ramping and objective analysis.
As I have mentioned several times I would take no pleasure in seeing fellow investors take a hit and hope things work out. It’s healthy to have balanced opinions when investing.
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1 | 200000 | 0.007 |
Price($) | Vol. | No. |
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