GXY 0.00% $5.28 galaxy resources limited

Chart, page-3345

  1. 3,795 Posts.
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    You could assume with reasonable probability that 20 coin tosses would yield at least 1 head or 1 tail...

    As for advice;

    Best to back our own Fundamental and Technical analysis as we are solely responsible for our profits and losses.

    Avoid emotional/revenge trading and confirmation bias at all costs.

    Cut our losses quickly and let winners run with an exit plan for both.

    Trading stock in line with the market trend is preferable than bottom picking as the bottom may go lower.

    The hardest part is to admit when we are wrong and move on. (I have made many trades that have cost me and it is frustrating but should be looked at as paying for my education). Usually from HC 'advice' instead of DMOR...

    Undoubtedly there will be a pullback at some stage in the rising trend with historical resistance looming at 3.50.

    Whether we trade it or hold for long term is Up to personal threshold for patience and risk/reward.

    If Galaxy announces a sealed deal that has been bubbling along in the background then all bets are off (hopefully to the races. )

    GLTAH
    Last edited by Upstart777: 08/10/17
 
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