Out of context again Facthunter…
As I said, I was specifically referring to the recent efforts late last week.
And as has been pointed out, we usually get a big increase in "activity" here before a run.
Good on Sukio. If he trades that way and made money great, bests of luck to him. But the ones that lost out in similar situations you wont here from. And I bet that list is bigger.
Also 30 pips to me is pointless. And those that sell out and wait at the wrong time? Regrets suck.
I also bought more near $2.08, so there is 60 pips right there if I sell now...
Anyway Ive got time on my side. Sure I could sell today at a profit and a nice tax saving. But why would I? I will sell when we are above fair value. Not miles below.
Going Long in a strong company is a pretty safe bet. Why risk more for small short term returns when the returns will likely be higher going Long here anyway? Especially after tax.
Its worked well for me so far.
Lets compare returns once I sell out, ok?![]()
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