You are right. I should have followed the strategy and Candle Stick charts and listened to the markets (RFE) 50c resistance and trend and sold! Instead I wanted to see what would happen, and this happened.
If I had sold at 49-50, rebought at 40, I could have increased my holdings substantially and have larger profits in the long haul, but alas no, im a moron....
You're not a moron. You're Human.
I could have sold at a profit for my portfolio. But i didn't and now im down 12% on it.
**** happens. But long term i'm hoping it will be ok. If not i might start averaging down, I'm over it for today though, lets see what monday brings.
Curious - what are you in mate?
ANZ, AUT, AXT (silly idea), BKP, CGM (the "cheap" buy yesterday), CNX, GGP, GOA, HOG (cheap buy today), JPR, OZL, PEN, PNA, SEA, TXN.
The main ones killing me are ANZ and OZL.
I can't believe how much ANZ has fallen from my "cheap" buy at $22. Fail.
OZL i was going to sell last week at $14:40, now its $12:17. I Need to learn to take profits and get out when i have these thoughts.
Have had these thoughts alot but always said "oh lets wait and see what happens"
I'm a rookie, and i'm learning. This is just accelerating the learning process.
You're not a moron. You're Human.
I could have sold at a profit for my portfolio. But i didn't and now im down 12% on it.
**** happens. But long term i'm hoping it will be ok. If not i might start averaging down, I'm over it for today though, lets see what monday brings.
In my view it is not a day to trade at all. The sun will come up tomorrow.
We are on the cusp of a lot of change and the market will be very volatile for some time. If you are at all worried there is a good old adage "if in doubt, get out".
We are going to need ssentials. Woolworths for example are down 2.3 percent, this is just panic and some common sense will come back to the good stocks soon.
If you cannot do anything, leave the computer and review it all after the close and also read back over what some of the more experienced posters are having to say this evening.
Its a nice day down here to have a walk down to the beach or go and buy your partner a nice bunch of flowers or go out to dinner. Life will go on.
In my view it is not a day to trade at all. The sun will come up tomorrow.
We are on the cusp of a lot of change and the market will be very volatile for some time. If you are at all worried there is a good old adage "if in doubt, get out".
We are going to need ssentials. Woolworths for example are down 2.3 percent, this is just panic and some common sense will come back to the good stocks soon.
Today is the PERFECT day to trade. So many short term opportunities...
(Wouldn't hold anything over night without protection though).
ANZ, AUT, AXT (silly idea), BKP, CGM (the "cheap" buy yesterday), CNX, GGP, GOA, HOG (cheap buy today), JPR, OZL, PEN, PNA, SEA, TXN.
The main ones killing me are ANZ and OZL.
I can't believe how much ANZ has fallen from my "cheap" buy at $22. Fail.
OZL i was going to sell last week at $14:40, now its $12:17. I Need to learn to take profits and get out when i have these thoughts.
Have had these thoughts alot but always said "oh lets wait and see what happens"
I'm a rookie, and i'm learning. This is just accelerating the learning process.
The only annoying thing at the moment is
A) Do I top up on the stocks that I already own
B) Do I put the limited money that I do have for shares at the moment into some other companies that I have been eyeing off
or
C) A little from column A and a little from column B
I will wait till Monday and hope the blood bath continues so I can get them cheaper...
orThe only annoying thing at the moment is
A) Do I top up on the stocks that I already own
B) Do I put the limited money that I do have for shares at the moment into some other companies that I have been eyeing off
C) A little from column A and a little from column B
Question:
Why is it that people on forums always have boxes of cash available to "buy up bargains"
Option D) - No, I only way 68kg so the power of Kalashnikov would knock me off my feet...although the baked beans might beef me a little...
I know! I keep my cash in a waterproof bag rather than a box. That way when it floods again in QLD I will simply float away with that lump of money.
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