BNB babcock & brown limited

any positivity, page-62

  1. 939 Posts.
    BNB Sucker
    I agree with Unsinkable...take the hit and move on!! I am 65 and been in market a long time ..but a big ego stoped me from getting out of losing shares..now i happilly take a small hit and trade on.. (Study stop loss techniques) better to preserve funds and live to fight another day..even if it means going back to the one "you fell in love with" once it hits bottom. (candle sticks helpful here)
    I now trade in and out to preserve capital and old well known strategy "let profits run and cut losses asap!"
    I am an unconventional investor in that at my age i am not interested in 10% year gains!! see u later!!
    Current concentration is in Coal to Liquid companies that are on fire!! LNC MEE CXY CTP and many more ..at current oil prices these companies are up big time with pull backs in some an opportunity to buy...

    In summary BNBSucker.. move on cop the losses and get on with it..it is character building and to be honest took me a decade to work out!!! As for wife..??????
 
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