POS 25.0% 0.5¢ poseidon nickel limited

My personal approach to these type of thoughts are:1. You only...

  1. 839 Posts.
    lightbulb Created with Sketch. 142
    My personal approach to these type of thoughts are:

    1. You only ever worry about pip drops to enter if you are trading

    2. If you believe in the company and this is an investment made on fundamentals then the few cent drop is nothing, because you already believe it will appreciate

    3. I only ever buy 'at market' for my FA investments, if the at market price isn't worthy then my thesis must be wrong

    4. For trading instead of investing always buy in open or close auctions, have trailing stops that lock in profit.

    5. Never buy on the way down thinking you have the bottom. I only ever buy after three consecutive green days.

    6. expect to win 60% of the time and respect your stops, a loss is part of this game. It's the rolled up count that matters

    7. Never let FOMO make you forget about CGT
 
watchlist Created with Sketch. Add POS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.