With a 3 is good. A splendid bargain. Good on you. Me...

With a 3 is good. A splendid bargain. Good on you.

Me personally, I initially bought with a 1 in front last year, I topped up with a 4 after the initial Monsoon announcement, and a smaller amount again above this. So, yeah, my average buy is green and I'm not overly worried about the day traders.

As for a 10% loss, I'm not trading around small gains/losses in the share price. I've seen this before, I've "backtested", watched and researched hundreds of other stocks that have been very successful (such as SIR). As a result I'm of the firm belief that when I find a stock with potential it's better to buy, hold, avoid being beaten by algorithmic traders and finally score a 50% capital gains tax discount when I do decide to sell. In the past I've attempted the spot of quick trading for 5 or 10% profits and my results haven't always been that successful. I do realise that it's possible to be very successful; with time and practice I'd be able to improve, however, time is something I am unable to allocate to that game. By reading different faces to you, I see different cards in peoples hands because I'm playing a different game at a different table with different rules and different faces to you.

Best of luck to you.