FMG 1.62% $21.92 fortescue ltd

how one reacts to omicron all depends on how much pain you can...

  1. 4,178 Posts.
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    how one reacts to omicron all depends on how much pain you can tolerate emotionally and financially and what your investment timeframe is.

    I can take massive losses and still hold. Often it gives me a buzz as it's very satisfying when you break even again vs just making an easy profit straight away.

    I couldn't care less about omicron or whatever follows. Weak hands made me rich and if there's a crash, I'll just trade between stocks down 50% and stuff down 85+% as I did last crash.

    It's incredibly easy for people with emotional control to out perform the news hugging gold fish that make up most of the shareholders of every company.

    PS I'm in profit on FMG despite loading up my max capacity at $18+ before the recent drop due to dip buying and selling. I turn my lemons and my failures to sell at peak prices into lemonade, that i sell to bears.
    https://hotcopper.com.au/data/attachments/3910/3910958-5e0a3bfb4e1d3b3ff8310ebda7f3e7b0.jpg
 
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