RE: novice investor30 Nov 2022 02:01
Rd, you can make that 60,000 but you will need good luck, pick the right companies, and have the odds in your favour..
DM is the CEO of the company, he tells you what is good for the company, not you or me. unless it benefits both., or he has too....
He won't tell if its a bad time to invest, so you need to not trust him totally and protect your money, take your profit when the risks are high, with uncertainty.. there are other companies that offer good returns at the right time all year round.
The hard thing is finding them, at the right time..
You need discipline, I failed... wanting more, and bad timing, and listening to the guys on the BB..
Take your profits, dont hold for the big payout...its likely to fail...
3500, to 60,000 in 7 moves. thats taking 50% profit. Thats two or three good picks a year over 3 years.
Its takes some luck to line them up, very do-able....but your likely to get caught out..and to learn what to look for,
You get taught many expensive lessons which is'nt too bad if its your profits thats lost, and you still have your savings,,
I just had 80% profit, but 1 update wiped a big junk of that.. Unforeseen ..thats life, if I had just bought, thats my savings.
Those who just bought got stung..badly..
If DM gets the rig and funding
3500 50 5250
5250 50 7875
7875 50 11812.5
11812.5 50 17718.75
17718.75 50 26578.125
26578.125 50 39867.1875
39867.1875 50 59800.78125
Work through old events, it free learning, why prices moved or did'nt.
Why one company price rose, while another fell for similar updates..
You can have a fund raise the moves the price up, or one that moves the price down, you need to work out the difference.
Use charts to see the picture..you see more clues in them, as you learn more, at first they are just lines, add RNS updates
https://tvc-invdn-com.investing.com/data/tvc_9b349410fa59122109cfd41b83788be5.png