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Range Resources Ltd Share Chat (RRL)



Share Price: 1.59Bid: 1.41Ask: 1.87Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.46Spread as %: 32.62%Open: 0.00High: 0.00Low: 0.00Yesterday’s Close: 1.59


Share Discussion for Range Res. (RRL)


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Rexco
Posts: 2,546
Off Topic
Opinion:No Opinion
Price:1.62
View Thread (9)
RE: JH
5 Aug '14
So you did not actually buy the 1m shares but put a £10k bet on which went up .27p which made you £2,700 with no costs apart from the loss of any income on your SB deposit which is pretty miniscule.

Good job JH.
 
Sonmi-451
Posts: 150
Off Topic
Opinion:No Opinion
Price:1.62
View Thread (2)
A quote or two for you
5 Aug '14
"We have found that controlling emotions is an important aspect of trading. Greed and fear can cause a trader to make the wrong decisions. In other words, Bulls and Bears make money, Pigs and Chickens rarely do."

"A common mistake among novice traders is to hold on to losing trades and hope that the price recovers. Hope is what you want to happen, but is often different from what is likely to happen. When it comes to trading, hope is a four letter word. Holding on to losing trades can also result in opportunity costs, as capital remains tied up in losing positions and better opportunities are missed."
Sonmi-451
Posts: 150
Off Topic
Opinion:No Opinion
Price:1.62
celtic
5 Aug '14
Yes, you have a life, and you are living it out on the bulletin boards...

So while you are here, it would be interesting to know why you put so much of your "life" into micro analysing Range Resources price movement yet claim to be in it for the "long term"

Do you have as little faith in your price movement predictions as me, and that is why you held the slide for so long?
Celticheart
Posts: 5,378
Observation
Opinion:No Opinion
Price:1.62
Sonmi
5 Aug '14
But at least he has a life
Sonmi-451
Posts: 150
Off Topic
Opinion:No Opinion
Price:1.62
Strategies
5 Aug '14
Why would anyone playing "The long game" watch the price movement every minute of the day, every day, for literally years.?

Why would anyone who thinks that they can predict where the price is going in the short timeframe by using their charting "skills" (:o)) not trade these fluctuations. Time to constantly monitor and post charts and comments, but not enough time to press the "Buy" button. Hmmm

-There are apparently "two ways of making money on Range"...

-How unfortunate that the resident permanently bullish "expert" has made a largish loss.
Celticheart
Posts: 5,378
Observation
Opinion:Strong Buy
Price:1.62
View Thread (2)
Strategies
5 Aug '14
There are two ways of making money on Range, you can trade if you have the time and inclination of you can hold fast and wait fight the longer term gains. Get the trading right and you will make a lot of money but if you are not confident or lucky enough just play the long game. My thoughts are with those that followed bountyhunter's sell it is going sub 1p advice earlier and he says I cost people money :)
smokinjoe
Posts: 2,517
Off Topic
Opinion:No Opinion
Price:1.62
View Thread (4)
RE: AIM Risers Today
5 Aug '14
Lewis totally agree.. RSR is doing a good job... cant be easy for himand I feel confident that all is going ok... things take time... and I agree we will get our target .. and I think sooner than peoplethink
sleepydave
Posts: 302
Off Topic
Opinion:No Opinion
Price:1.62
View Thread (9)
RE: JH
5 Aug '14
thats all very well jh
i'll wait and see what celtic says.
JohnHenry
Posts: 711
Premium Chat Member
Observation
Opinion:No Opinion
Price:1.62
View Thread (9)
RE: JH
5 Aug '14
SB so tax free.
JohnHenry
Posts: 711
Premium Chat Member
Observation
Opinion:No Opinion
Price:1.62
View Thread (9)
RE: JH
5 Aug '14
Tell you what Rich next time follow me in and out.

For the record traded 1M today bought at 1.38p sold at 1.65p



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