Hey Faz, theres a saying that goes "Nobody ever went broke from taking profits". There are stories of people holding a stock from 2c to $2.00 all over hotcopper but personally I believe you have to come up with a strategy that suits your risk profile.
Over time I like to take some off the top, no matter how much you believe in a company (but thats just me, have been burnt before holding onto a stock too long believing it will always go up in value and lost all my paper profit)
If you are new to trading, start with small parcels, only invest how much you can afford to lose because there will certainly be losses (almost guaranteed, the market beats to a different drum), it takes a while to learn what to look for.
Thats just my 2c, feel free to do as you will
- Forums
- ASX - By Stock
- Ann: Drilling Permit Received for La Victoria Project
Hey Faz, theres a saying that goes "Nobody ever went broke from...
-
- There are more pages in this discussion • 5 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 BDM (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $191.8M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $19.26K | 180.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1036456 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 812633 | 6 |
Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
Featured News
BDM (ASX) Chart |