RE: Feeling like a tw*t31 Oct 2022 11:48
Neil, do you understand what trading is?
Do you really understand anything to do with the markets?
I’ve already said overall I’m down with arb and I have said umpteen times, I hold half of my shares in Arb as a long time hold and the other half I’ve traded like crazy. To trade you need dry powder, you need to understand that. I’ll give you an example of a trade I’m going to do, I bought this morning at an average of 6p, I would of sold them at 9.50, however btc is looking strong so might hold for 12p. I bought 20k worth. I have bought arb at different prices all the way down to around 14p, I didn’t think it will drop below that, but here we are. I have sold on rises umpteen times but still underwater because this Fooking share keeps dropping lol. To trade a share you need to keep some powder dry always, it’s not as simple as buying at 75p and waiting for it to rise lol, you need to be able to take advantage of the drops and rises.
I’m sorry if I can’t explain that clear enough, I have a small phone and big hands so find it difficult typing. Also I’ve been invested here for a couple of years.