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50.0¢ essential metals limited

Good advice, it's tough to survive if you keep every loss making...

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rastus64

9,119 Posts.

126

22/05/16

09:33

Post #: 17833872
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Originally posted by jamesph61 ↑

Careful of that bottom draw Ash ... one day you'll see the opportunity of a life time, try an execute the trade and get the old 'Insufficient funds' notification because your money is tied up

Couple of mantras that are worthy of having for any self respecting trader or wannabe
*Cut your losses let your winners run
*Protect Capital at all cost
and
*I'd rather be OUT of a trade I wished I was in, than IN a trade I wished I was out

Remember: If the price drops 50% from your entry it then needs to rise 100% for you to just break even

cheers and all the best .... J

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Good advice, it's tough to survive if you keep every loss making penny stock. Successful traders are highly disciplined individuals that have a plan in place and execute orders without hesitation or getting emotional.

PIO Price at posting: 3.7¢ Sentiment: Hold Disclosure: Not Held
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