I definitely agree that personal responsibility needs to be taken by some people on here over the last few days. And I'll very much include me in that mix.
I'm a very new trader, got into QBL from my own research, and then found HC. I got in at 3.2c before the first ann, and then saw the price go up into the 6c range and didn't sell! I got greedy, and not knowing enough of what effect that kind of ann had on the price I stayed in hoping for more.
In hindsight this is absolutely crazy.
I wasn't really staying because of anything HC said, although subcontiously that will have played it's part. But I let my emotions and hope get the better of me and I didn't think logically.
In the end though I'm ok with that, I still have my QBL stock and I'll just have to be patient and see what the medium term brings. I've learnt an awful lot in a very short space of time and rather than getting angry I know it's better to analyse my actions, work out what I did wrong and keep that in the front of my mind next time.
I didn't take a loss on QBL and sell yet because I didn't invest a lot to start with, and I have accepted that I will have some rough patches as I learn. I'm prepared to see what another ann or two from QBL brings to the table.
I don't think QBL were deliberately malicious as some people on the forum seem to, from my professional experience companies sometimes do make mistakes. It's not always black and white, where a person or organisation are brilliant or diabolically incompetent. I understand some people swearing off QBL from now on, but I'm extremely curious to see what the management team have learnt from the past week or two.
I realise that I may still be very naive and wet behind the ears about some of this, and as I said before, that's fine. But whatever happens I'm certain personal responsibility has got to be at the centre of my experience as a share trader going forward.
All the best to everyone out there.
- Forums
- ASX - By Stock
- CGB
- Good start
Good start, page-122
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online