So the fact that LWP did go up substantially after I bought (see the chart... look at the spike...) and I did not sell any at all, and then bought more after the spike as it flattened, as I bought in for fundamental reasons which were yet to be achieved... and then sat and watched red flag after red flag appear and finally decided to sell... that makes me a day trader? wow...
And no, the increase in portfolio the past 3 months - very little of it has been sold... but the portfolio no longer shows a loss on LWP, and since then has increased by a factor 4 times what I lost on LWP....
Yet you are the smart investor sitting on a substantial loss? and I am a day trader (one who has never day traded in my life). haha
I have 3 high conviction stocks for 2016, one I have held and continue to buy since September, these 3 are where my money is parked until my targets are met, once they are met I reassess and go forward, reduce some risk and begin taking a position in the next high conviction stock (which I then also plan to hold for 6-12 months at the very least, and receive multi-bag/re-rate style profits)
But yes... day trading is my thing... apparently...
- Forums
- ASX - By Stock
- TIH
- Ann: Update on Licensee and Offtake Agreements-LWP.AX
Ann: Update on Licensee and Offtake Agreements-LWP.AX, page-157
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TIH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online