It's been a rough asf pullback, i learnt some lessons.
1. Be careful averaging up, your green position won't survive a big pullback even if it's + 40% now.
2. Buy LOW, not medium, not low medium, LOW.
Luckily i bought in early enough on 2 core holdings DYL and PDN that my pf could survive this downswing with still very healthy profits but my other U positions got squeezed because i kept buying stock and it drove the average up to much lol.
Important amateur lessons, but the good thing is got a pile of cash on the sidelines now looking for some much more competitive entry points.
Eagerly awaiting this quarterly
- Forums
- ASX - By Stock
- VMY
- Upcoming Approvals
Upcoming Approvals, page-107
-
-
- There are more pages in this discussion • 150 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online