SMO smc gold limited

I made the mistake of selling half of my GBG holdings at 20c...

  1. Yak
    13,672 Posts.
    I made the mistake of selling half of my GBG holdings at 20c last year.... could have bought two houses instead of one now... not making the same mistake again.

    Hi

    just a commnet

    Ya cant really evaluate your trades with the retrospective 20/20 hindsight

    If you are in it for the long haul you always need to portect your capital

    If you have 100k shares at $1 and they got to $2, an excellent trategy would be to sell enough to recover the initial invest less say a 10-15% risk and keep the rest.

    sure..time may prove you to be wrong and be better of holding the lot

    but trust me....you will be better off umpteen times more the way I suggest.

    and still in the game 10 years later
 
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