Hi @TheArchitectI was just wondering if you'd explain what you...

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Cdiggitydog

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16/10/20

15:31

Post #: 48154788
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Originally posted by TheArchitect: ↑

the irony is they are driving the price lower for themselves with constantly moving their large parcels down the the order line.

Too many retailers who have no clue how to sell or what they are doing on the market, not knowing how to manage position sizing.

That 3m seller has dropped from 2.7 to 2.6 to now 2.5 and all it's doing is driving others to sell over you. It's not a capper, cos cappers don't add to the parcel once placed and it's not moved so much down and down as the price drops.

Do us a favour and pull your orders, let momentum build back in and drip feed your sells once it moves up.

Edit: orders pulled before I could finish posting hahaha

For those maybe who haven't seen;

RED is right next door at King of the Hill with 2.4Moz Open Pit mining operation.

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Hi @TheArchitect

I was just wondering if you'd explain what you mean when you said "Too many retailers who have no clue how to sell or what they are doing on the market, not knowing how to manage position sizing."

I am quite new so I want to do the smart things when the timing is right regarding how to sell (and buy) and how to manage the position sizing. Most times I'm bumbling around reading but just wanted to get to a stage where I can avoid the wrong thing.

Thanks in advance,

C.

TNR Price at posting: 2.4¢ Sentiment: None Disclosure: Not Held
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