LNG 0.00% 4.3¢ liquefied natural gas limited

Well done CK, A word of warning though, for someone so new to...

  1. 5,940 Posts.
    lightbulb Created with Sketch. 111
    Well done CK,

    A word of warning though, for someone so new to the ways of the market, and for someone who reacted in some of the ways that you did to the temporary drop down to $2, I really hope that you fully understand what you are doing this time around (and the risks) now that you have chosen to short the dips. If you beleive the company will go up long term then no matter when you buy, unless you are buying on margin it doesn't matter how much it falls in the short term, you will always make your money back. If you beleive the company will go down long term then no matter when you short sell you will eventually make money, but since you are forced to effectively do it on margin you may well lose a lot before you win. Moreover, if you beleive the company will go up long term but are shorting the dips short term, if you get it wrong you can't just keep holding until you get it right. Best of luck, I really hope that you understand exactly what you are doing, though I fear that you don't.
 
watchlist Created with Sketch. Add LNG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.