RE: D_e_e_p_V_e_r_g_e (So few shares in issue - it will fly on the right news)21 Sep 2021 17:05
Chris,
Totally agree, apart from I don't trade FX (that stuff scares me), I prefer sticking to what I know. I have done momentum trading a number of times, most of the time you can make a decent return if you don't get too greedy. Hardest thing for me isn't when to buy but when to sell. Nearly always hold too long because of the old FOMO and it can cost because a winning positions can easily turn to a weak gain and then a loss and the risk is then trying to recoup by averaging down over and over. IMO Averaging down is something only to be done in moderation wherever possible unless you KNOW the drop is overdone. Averaging up is much better of course.
As for my potential stock of 2021/22 it is so far under PIs radar it could be a bit part actor in the BBC Vigil drama so yes, it could be no one ever buys into it and it goes nowhere but round and round with stale bulls looking at each other and saying where is everyone?