Great post Kook, recognise all them mistakes. You must have my computer bugged.
One you've missed - averaging down. Bought a red hot stock that's due to take off any minute. The share price drops a bit and you think, sweet - I'll buy some more at an even cheaper price, so I'll make even more when it bounces back.
Only it doesn't.
Lesson: The trend is your friend as they say in the classics. Never average down a down trending stock- you're only increasing your risk if the SP keeps heading south.
Cheers
will2rob
- Forums
- ASX - Short Term Trading
- diary of a short-term trading kook
Great post Kook, recognise all them mistakes. You must have my...
Featured News
Featured News
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online