Melbourne event April 3rd, page-67

Gekkowolf agreed definitly very good LT landscape here.
Although from your post sounds like your a day trader??

It makes more sense to me to trade something that I'm less sure of its long term outcome, as I can see easily how to do well here.

So Long term Absolutly! at the current price I am currently up around $664,700 on an intial investment of around $297,000 the way its going another pip or two and my total investment in IMU will be worth over $1m.

I just wouldn't know how achieve do that by day trading, the number of trades etc that I would have to do, and the paper war and accounting fees would be huge and then there'd be that tax bill!.

actually knowing my abilities in trading (or lack of them) I'm sure I would've bought and sold at all the wrong times and gone broke, so I guess maybe no tax bill after all.

As I am more sure of where this is heading as a whole, than that of my ability to short term trade, for me Its much more simpler just to buy and hold.

FP