Thanks for adding to the buying pressure sold my 1.57mill @ 2.7c...

First 8 Last

Share
Profile

Follow
Sharetrader78

12,492 Posts.

1750

27/08/19

19:13

Post #: 40181356
Share

Originally posted by M0ntg0mery ↑

Good question Pete.

Some of my initial thoughts (in order of importance):
1) Research - do you know fundamentals of this company inside and out?
2) Patience - how many investors get rich quick?
3) Resilience - can you ignore the "sky is falling" clowns on this forum?
4) Insights - do you know the technical/analytical charts well?
5) Trust - do you trust the leaders and your own intuition?
6) Past performance and future potential - do you know what this company has done and where it could end up?
7) Appetite for risk/reward - do you understand the obvious upside and downside of this company?

The answers to each of these questions assists in our decision making (buy or sell).

I use a combination of the above to invest, and the most recent announcement has given me more confidence in the decision i made to initially invest in 9SP, and the decision i made to buy more today @ 2.7c.

If the last announcement combined with the recent surge in volume of trading doesn't give you any confidence, then perhaps the tech sector is not the right place for you.

Sentiment = mad to be selling.

Expand

Thanks for adding to the buying pressure sold my 1.57mill @ 2.7c ended up just taking a couple hundred loss(least half commissions) but had I not keeped to my trading rules would have been much less happy @ 2.4c close

9SP Price at posting: 2.5¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply