Member Info for PrivateInvestor1

Sharezy, I agree with most of that, apart from people don't like to make a loss more than they like to gain as you get so many PIs who hold on to losses for years rather than cut the losses quickly. They will average down on a stock going the wrong way rather than look for another stock going the wrong way.

Like you say cut the losers and let the winners run. But above all else manage your downside risk as you can't invest/trade with no money.

What a load of rubbish. De-risking is not a fallacy at all. It's about capital preservation and nothing to do with emotion. If the price has gone up 100% you now have twice the capital at risk from when you bought, by 'de-risking' say by selling half of your holding you are now risking the same amount of capital as at the beginning.

Yes there is opportunity risk of the price going up but now you have managed your risk and protected your capital. Whereas if you don't sell any and the price has gone to 0 then you have no capital left whatsoever. There are several examples of companies going to 0 and people losing all their money.

It's not about the emotion of missing out on £1,000 versus losing £1,000 it is all about risk management which is why most PIs lose money as they don't manage risk well enough.

They're not saying Project Ixian is going to take 18 months, they're saying it's the first of many projects over the next 18 months

It doesn't value Sabien at that. It values COF at that. Sabien has a long way to go to get to there

How is it going to £1? That would make it a £2b market cap company. I am all for being optimistic but that is fantasy land

It has closed above the 200EMA for the last 4 days which could indicate a trend change. I have the RSI around 59 so still some headway before being overbought. It is looking positive for a move up, so let's see how the next few days go. £17.50 looks like being a tough hurdle to get over if it gets there.

You might want to double check your numbers on smart meters %. 179% growth is better than the 113%. So not beating YU's growth