ZIP 5.04% $1.70 zip co limited..

How do people deal with losses, page-6

  1. 3,369 Posts.
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    We all get greedy when we all ought to be doing what the experts do and that is buy when there is fear and sell when there is greed.
    And we keep making the same mistakes.

    A few weeks ago I targeted S32 due to a pattern that formed over a few weeks so I would top up on Friday
    and sell on Wednesday or Thursday and this was going along nicely where I sold on a Thursday then
    was hoping to do it all again the next day then positive announcement and the stock flew so I wait and now its down again
    but due to the reporting season been quite bad I have held off.

    Should have used the same strategy with Z1P but like so many greed took over.
    Must have nerves of steel.

    No doubt in my mind this stock will be back at the $8 range by weeks end and the ones in panic mode now will have their own regrets later when the stock goes back up.

    Patients people.

 
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$1.70
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$1.74 $1.78 $1.69 $129.7M 75.80M

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No. Vol. Price($)
4 93847 $1.69
 

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Price($) Vol. No.
$1.70 556968 2
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