NWE 0.00% 5.6¢ norwest energy nl

Cheers tui.People really need to work out what sort of investor...

  1. 5,657 Posts.
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    Cheers tui.

    People really need to work out what sort of investor they are.

    If it's a short term play. For god sake protect your capital. Use training stops to lock in profits.
    Conditionals are great for those of us who can not watch the screen all day.
    If medium/long term. The pull backs are buying opportunities.

    Don't claim to be long. Lose your head on short term pull backs AND bag the very chartists that called it.

    Plan for the worst. Hope for the best.

    If the next zone doesn't go to plan. What do you have in place. Are you to exposed if flows are not what is hoped for?

    Carynginia at AWE's Woodada 25km away did not go well.

    I'm hoping that 400m away from A-1's 4mmcf/d well, means we will.
    But you still have to have a plan just in case.

    This is an exploration well. You need to treat it as such.
    So far it's looking very good. Again. My opinion.

    There were so many posts on how this was going to go parabolic that disappointment was inevitable.

    Personally. I have my core investment and a trading parcel.
    From my own research. I am pretty happy to be medium/long term. But still want to play the volatility.

    Anyway. That's enough of that for one night.
    Looking forward to the next update. (Course I'm gunna trade it. :)






 
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