Commiserations to all the MEO and MOG holders. Most traders/investors including myself have been burnt at some stage. On this occasion I could have been the holder of MOG but fortunately went elsewhere. It reinforces the need to have a risk management strategy and to trade only with an amount one can withstand to lose should all go unexpectedly wrong. Stop losses are crucial and taking some profits along the way seems a prudent strategy. Having all ones egg in the one basket not good as the basket can tip over and the broken eggs disappear into the dust. Always best to look for positives even amongst the debris of losses as that will likely result in better future outcomes.
