NVA 3.57% 13.5¢ nova minerals limited

Simple TA and trailing stop loss. You can always buy in again....

  1. 3,721 Posts.
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    Simple TA and trailing stop loss. You can always buy in again. The crash doesn't happen instantly, 2008 was over a year, down 50%, the 2000 crash was about 3 years.
    Look at the index charts to get a feel of Bull vs Bear trends etc.
    I am uber bullish on NVA, but if the market goes down 40% or 60% I don't think it will matter how many ounces NVA has, the chances of coming through that unscathed are slim.
    That's just my opinion, I prefer not to ride out large draw downs, It just doesn't fit my psyche very well.
    If we do end up coming on sale again, I would be all in once the bottom is confirmed, always looking for higher highs and higher lows.

 
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