RE: Take Off !!16 Mar 2024 19:00
Thanks for your answers,
Am definitely not in the 'trader' camp. I have bought in, and then averaged down so now i'm at a break even of circ 23p.
As a comparrison i bought into Meta & Coin 18 months back, or thereabouts. Both have come good, eventually, with averaging down and patience. From this experience i am hoping Capita will, in the end, give me the same results.
I do my research, as we all must do, looking at company reports etc. Some others might prefer to draw lines on charts, that's good for them. But with me it's also about the person at the top. Mark Zuckergerg at Meta & Brian Armstrong with Coin. Both, very good communicators. Ok, i have to caveat that as i got it good and properly wrong with JL. But i do like AH, and see him as more like the previous two than JL. A totally differant fish!
In summation, i'm not in for 1p, 2p, 3p rise and out. Then hope it drops. Medium to long term.
I tried a couple of weeks ago double guessing the market. Sold 1/3 of my Coin at $192.50 as i 'thought' the SP was overbought. SP went on to $254. Basically, i'm cr*p at trading shares......