XSO 0.25% 2,980.2 s&p/asx small ordinaries

The Brains Trust - 2016, page-10860

  1. 4,261 Posts.
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    PB, based on what I read from yr posts I suspect you are making a much better return from yr time than most!

    While posting, I should report on a "total rooky error" re Nox; yes I know we talked it to death yesterday but in the name of sharing!

    I noticed this morn that my order at 20c was still open and share was trading 21.5 - 22 (i think) ... should have closed order because my trading rules include NEVER chase AND Never rely on price coming back to some level that was relevant in past but price has gone beyond (unless its a great TA set up and its a predetermined expected bounce ... even then picking bottoms/ smelly fingers and all!!!). Bottom line is it means if you get hit then yr original assumption is WRONG. Its not going up its going down .... of course just got an email to say order executed and price went straight down to 19cents .... I should be sitting here looking for signs of strength and considering whether to pick them up at that level. ROOKY! ROOKY! ROOKY!

    I guess tho' it won't matter when it hits $1 tho hey Pisces ;-)
    cheers g
 
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