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I agree, it was a greed thing that stopped me selling when my head said I should, it was a small gain but a gain nevertheless, now with hindsight it would have released the capital for the fall that started just the next day. As Pokerchips puts it, its the hard learned lessons that you learn most from.
Its hard to call this, I am too in the position of looking to sell with a 4k loss , buy back in when it bottoms out at around 1.20 (assuming it drops that low) and make it back on the price increase. Its a Pyschological thing not wanting to sell because it feels like a failure, but it at least releases the capital for other opportunities.
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Nick
Thanks Both, Snige, didn't intend to suggest that subs are the way to go, just looking for the sites to trawl for any insight into what the share/s is/are doing. I picked up tons of really useful insight from Kellogs on the CNA site but Kellogs hasn't posted for some time now . The collective knowledge of the people on this group and other like it is huge just trying to find and efficient way to tap into it. regards Nick
Thanks Noody, I really appreciate views from people on this board I am still very much a novice and bumbling along at the moment so far with gains although I made a silly mistake selling on a rising market which just served to hand money to the broker and the taxman with the SDRT , oh well a good lesson learned the hard way. regards Nick
Thanks Noody, I am mulling over whether to pile in just for the divi or wait until it drops and then buy more shares, either way I should make up the 8p per share ?? and then have options in case it fails 148 and heads further south? regards Nick
Thanks Jackdawsson, I have to confess I have already traded non leveraged shares since before Christmas, I have, luckily made about 4% so far , but I find patience is key just to cover the trading fee and SDRT. I dont know how just using gut feeling with a rising or falling share price would work for me, I like to see and understand why the prices moves the way it does. Anyway, I have already lived up to what kellogs said I would do, but I got away with it (this time). I don't think I would have the nerve at this stage or any stage to use leveraged shares Regards Nick
Thanks Kellogs, I am a total novice at this, so really appreciate your posts. I tend to use 3 charts side by side an hourly (change this to daily every now and then), minute and a ticker (but it doesn't have candlesticks) surprising how you can estimate the next move by looking at the ticker going sideways (if that's the right term) I thought the volume might give an indication of the potential size of movement. Thanks Nick