MNS 0.00% 4.2¢ magnis energy technologies ltd

learnt lesson, page-14

  1. 7,725 Posts.
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    No one knew for sure what would happen to UNX Wed morning.

    UNX had most ingredients to keep going. Good story, hot sector, low issue, good publicity.

    Most my multi-baggers came from holding ....riding waves. For me when you are on a good profit, you turn it into a multi-bagger or lose some of it quick. There are few ways of doing it and I prefer a short termer to a daytrade.

    With UNX at 1.30 I had over 100% on my first lot and over 75% av. On Wed, I waited for conformation before desptching and did so in 3 lots from 1.18 to 1.12. Profit would have been 10-15% higher at 1.30, however, would have been lot higher if held.

    Choise comes with experience and losing. Books are good but dont get in black and white.

    Cheers
 
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