Spodumene Prices, page-4612

Hi Sunny,
We're all here to make money I reckon - one isn't better than the other.
I back tested a very simple entry and exit strategy the other day on a weekly chart going back 5 years.
As the chart unfolded over those 5 years it gave me 5 trades - trade 1 would have returned 740%+, trade 2 = 25%, trade 3 = 95%, trade 4 = 15%, trade 5 = 5.1% - imagine those returns compounding...
With tighter stops the returns would have been higher. That's not hocus pocus - it's based on fact. Simple higher high after a higher low.
I guess my point is that not all traders here are agonising over the daily (or hourly) moves and some of the posts are just embarrassing and juvenile.
This will bottom at some point, build a base and give me the entry set up I'm waiting on. It's just a matter of patience.
It's a great company, and when the lithium price and sentiment turns again it will be an absolute rip snorter.
Also, I can see why asb rubs some people up the wrong way, but I've always thought he/she has a lot to offer I reckon.
Master Strategist was prettty smart to sell 80% of his holding above $5 - wish I'd done the same...
I bought all mine well under a dollar but it has been a painful lesson watching a massive profit slip away.
GLTAH - traders, investors, whoever... hope everyone makes plenty.