how much risk%%%, page-20

  1. 14,981 Posts.
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    And how true is that

    When I started, I bought $10k of ENG at 18c or so, because I was one of the first to sign up to VOIP. I loved the product, looked into the company, biught the shares, and a few months later they were 50c.

    I thought I was a genius, invincible.
    I eventually sold on the way down, because a friend suggested I do, at 33c!!

    I only recently, blew $4,000 outright, on GDNO - oppies which expired and I took the risk of doubling or losing and I lost.

    Be VERY mindful of the losing bit, have a plan in place, it's as simple as that.
    Oh, and on what Ipod said, a small profit is a profit.

    I bought FMS yesterday at 17c, and sold at 18c after lunch today when I got a gut feeling it might struggle past 18.5c, and sure enough, it closed at 17.5c

    A profit's a profit.
 
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