Australia's largest stock trading and investment forum Australia's #1 stock forum

buy at open, that works out for me maybe once a year.It's a rule...

First 94 Last

Share
Profile

Follow
dugscape

244 Posts.

2

15/05/21

19:36

Post #: 53199759
Share

Originally posted by Endless: ↑

MDX. No doubt this was good for a punt, espc if you picked it up very early. But once it was headed for 10c level there was no way you had any idea what was gonna happen next. You could have made an educated guess that the Chinese holders would not sell but problem was that by that time there wouda been a lot of smarties and retail who had just bought from the open. (Like I shouda if I had been paying attention).

It was really tempting fate to buy over 10c and hold it. Nothing wrong with doing that if you want to take the risk and sometimes it pays off. Take those risks all the time tho and it comes back to bite you.

Hard not to regret missing a big runner like that but that's just not within the scope of reasonable risk v reward trading.

Discipline is a big part of this game.

Everyone who has been here a long time will agree that was a real unicorn stock. I've no idea how it got to 23.5c???

Winners go to church and light a candle.

Expand

buy at open, that works out for me maybe once a year.
It's a rule I've broken and been tempted to often.

Always enjoy your post @Endless, keeping it real
2 Upvote

Reply

There are more pages in this discussion • 31 more messages in this thread...

First 94 Last

SPONSORED BY