I can share my own lessons Learned from Selling STA by ignoring whatever is written on the hotcopper analyst or experts.
While I don't recall the exact price, I soldmy STA position at a loss around 36c. This experience highlighted theimportance of:
- Profit Taking: Securing some profit, even if not optimal, can be better than waiting for an uncertain future.
- Technical Validation: Focusing on a company's ability to deliver (e.g., plant functionality) can be more important than just commodity prices in some cases.
- Capital Preservation: Protecting invested capital is a key strategy in the stock market, especially for new investors.
Similar Experiences:
This wasn't an isolated incident. I've learnedto take calculated losses on other investments to preserve capital. In somecases, I've even re-entered those positions later with a better understandingof the risks involved.
Balancing Analysis with Risk:
I appreciate the effort put into technical andfundamental analysis by some of the poster here, but investors should always prioritize understandingtheir risk tolerance and capital allocation before making investment decisions.
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