RE: What Just Happened?28 Nov 2020 19:47
First ever message on any share discussion and been a member for years!! Felt compelled to share my trading experience on my CFD account this past 4 months. Was doing great and thought I'd cracked it. Then lost a shedload earlier in the week when i shorted oil. Wiped out all my profits!! Salutary lesson or what!!
My investment account is less stressful and working well for me. I bought in RR @ 92 and averaged up to currently 105. Convinced this will rise to over 250 within the next 2 years, but not in a straight line - will buy the dips along the way if I have funds available. Only downside to RR is poor divi but capital growth more than compensates. Also bought LGEN @ average 190, which will give me a divi of 9%!!
The moral of the story? I'm a better investor than trader. I'll continue to trade, but less aggressively and focus more on long term value - RR and possibly ITV are the best around at the mo in my humble opinion.