The Art of Holding Your Nerve.14 Jun 2021 13:57
Hi all - my first post on here. Firstly, a massive thank you for those who offer well researched opinions on here. You've saved me a hell of a lot of time and convinced me to buy into what is without doubt a first rate company with what should be a fantastic future ahead. I originally bought in at £1.31 and then doubled my hold at £1.81. I've held ever since until last week when my confidence waned and I sold everything at £2.25. The mistake I made was fixating on too many of the negative and in hindsight completely unqualified posts on here from the doom merchants. Whenever the share takes a dip they seem to infest the place. Coupled with that, my profit here was covering a loss elsewhere and I went into panic mode as the share slid. Then came the RNS and I was cursing my luck. I'm happy to say that I've rethought over the weekend and bought back in this morning as I believe this has a long way to go. I've ploughed all of my profits back in too in order to minimise the damage done by my panic sale and to give myself a margin. I obviously can't recover the better position that I had but that's no reason not to reinvest and learn from the mistake. I guess that I'm simply posting my experience to hopefully help others avoid the same mistake and to keep your nerve and ignore the doom merchants! We live and learn and I hopefully won't make the same mistake again.