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TheGladiator

8,721 Posts.

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18/11/14

18:13

Post #: 14310089
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Originally posted by deltatrader ↑

OIL

Well that made up for my QBL debacle when I watched QBL multibag in front of my eyes with a huge position on board and out of pure greed did nothing - only to make a fraction of what I could have when it crashed back from 7c. Lesson learnt. You will never go broke taking profits, leave some for the rest etc . I sold OIL at .175 when it stalled and plenty of volume came in on the sell side. I took on board what someone said about 20c being break even for many old holders, the fact that i was already up 3 bags and the fact that when/if it turned...i believed it would be sudden and messy. Probably one of my best trades ever - not from a profit point of view ....just from a discipline POV.

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Same boat as you delta with the qbl rise to 7c. The resource upgrade due should take the sp to new 52 weeks highs in the coming weeks.
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