STX 0.00% 19.5¢ strike energy limited

see who can hit the bullseye, page-35

  1. 5,784 Posts.
    re: bullseye...shefcik#1 & webernick#1. lol! Takes time to get rich mate. Also - you have to be prepared to give some paper profits and eventually real profits back. Only liars claim to pick tops and bottoms - those that get RICH ride a trend up and have pullbacks in their paper equity - sometimes as much as 40% for me while in a trend - never at the start as money management won't allow it - but once it moves in my favour I have to give it room to move so long as no bad news is there and technically it behaves - ie retracements only penetrate into the 26 to 50 week ema corridor. Nearly all the best moves do it - even your RCD you regret selling went 5% under that zone (but in a whole of market downturn) last MAY - 9 months later it has doubled.

    You need to take a step back and develop a strategy - one that can accept draw downs on paper equity within a discipline of protecting 'core' capital.

    Good luck - your problem is between your ears - not in any stock.
 
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