When you find a good fishing spot with excellent reports:
1. Carefully attach the hook and put on some quality bait, don't skimp
2. Look for the sweet spot and caste into it.
3. Wait for a nibble, but don't jag, wait some more, let that big mother really take the bait and run with it.
4. Now slowly real in and carefully land that one big trophy fish.
5. Don't keep reeling in every couple of minutes to check the bait's still there - you won't catch anything.
6. You see the most successful fishermen sitting on the bank/beach for hours at a time. Comfortably waiting (preferably with a bottle of greens stone ginger) - their one big advantage (and maybe their only advantage) in catching those big fish is .... patience.
Or as old Wazza Buffett would have it "The stock market is designed to transfer money from the active to the patient."
Good fishing!
- Forums
- ASX - By Stock
- firing up on todays announcement
When you find a good fishing spot with excellent reports:1....
Featured News
Add NEN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online