CVI 0.00% 0.3¢ cvi energy corporation limited

I always think it's better to miss out on a little bit of profit...

  1. 4 Posts.

    I always think it's better to miss out on a little bit of profit than take a large loss (even if only a paper loss). You've got to remember that if you loose 10% you've got to make back 11%. If you loose 40% you've got to make back 65%. In this current climate I think it's better to take the money and come back at a more opportune time. Remember the price is always right. You can have the best fundamentals and they can mean zilch. I think back to the early video formats, Beta vs. VHS. Beta was clearly the better format but VHS was marketed and promoted better and the rest is history.

    In terms of who you listen to it's got to be your trading plan.
 
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