supp broke now sell, page-31

Now thats funny EE,

I think Didiers been sitting at 1.5cents for quite a while now, maybe praying for negative news. But for someone that come across as to be a short term trader, It appears he has certainly missed out on alot of trading opportunities in Pen, all because of trying to pick the bottom.

I think I even remember a call of Blr to fall to .001 at one stage. Be waiting a long time for that one to occur.

Each to their own strategy I guess.

But this I have know doubt about, I am sure we will know about it when he is back on. lol


I read this recently and I can definately relate to it.

"One common adage...that is completely wrongheaded is: You can't go broke taking profits. Thats precisely how many traders do go broke. While amateurs go broke by taking large losses, professionals go broke by taking small profits."

and

"It was never my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!"


Cheers NK