Member Info for ralarcon

Sistem…so you didn’t get out in profit when it hit the 40s???

a surge this time will not be gold but break even for most.

wow…with that average you could have sold 2/3 when above 20p and be sitting on a loss free investment whilst there is uncertainty like this.

50% down...LoL enough said.

if you are going to average down you need to do it at a support level not on the way down to one. Order levels to watch for bounce even if short lived are 10p, 11p, 12p. I Expect plenty orders at those levels but likely only for a bounce under 18p. A good RNS and you may get out break even after spread; a bounce to 28-30p is likely based on previous bounces. Depending on the RNS there may be a pullback to buy in again or some may simply hold with a tight stop in case there is no follow through.

very common question; why my buy shows as sell? it is basically depending on the price you pai; if above mid point then is a buy if below then is a sell. Another way to look at it is; is the price you paid pushing the SP higher? Every transaction has a buyer and a seller; the transaction is marked depending on who got the bad deal…if as a seller you sold low then it is a sell if as buyer you buy high then is a buy…and the opposite if as a seller you sold high then marked as a buy, as a buyer you buy low then it is marked as a sell. So next time you want the SP to go up and you feel great of the massive buy at near the bid then you are shooting yourself in the foot unless there are more buyers near the ask. hope that helps.

sledgey121; strong sell???? SP is approaching support...it is not a sell from here..a buy between 15p-17p for a short bounce.

baserite, i have no agenda...I am actually very transparent with my posts...and I enjoy sharing how I see it because that is what this boards are foe. You can choose to ignore or take from it as you wish. I don't claim to be right...I just note the chart as it is today and note well known high probability strategies...if that changes tomorrow then I will happily call it different. Right now the trend is down; broke support at 22p and next support area is 15-17p. There is a resistance area from 22p-26p. The biggest hurdle is the 200SMA at 26p. The SP has failed the 200SMA 7 times this year! How insane does someone have to be to not get that...you all know the popular definition of insanity. I don't give opinions just describe the chart. Nothing fancy; support/resistance/moving averages/trend...it is all trading 101. If you don't see that then you should not be in the market.

20p...makes no sense. Why would you buy in no mans land whilst SP is on a downtrend and there is a lot of resistance at 24p. Unless you are looking to buy at 20p and out by 23.5p but the spread on this share makes that too low margin.
You either buy near current support (around 15p-17p) or wait for the trend to turn and show it can hold above 23p creating a new support area with a tight stop below it.
SP is currently consolidating in a narrow range and patience is needed to see which way is going to break; towards 25p or 15p? It could be another 2 weeks before we find out.

Why would you buy at 18p?
the next support level is at 15p.

you can lead a horse to water

an example. Netflix opportunity preCovid.
LTH would be -30%
smart Investor out on way down still + 200% to 300%
Trader +300% to 600% if playing also short.
I know which two I would prefer.
But surely LTH are looking at 5yrs+ so it is ok; they say…well traders and smart investors will be there to jump in again and make another 100%+ at the same time and get out when it is right to get out with profit to show.

there is clear misconception that traders are only looking for quick wins. that is because people think of day traders. But traders as you described is actually swing trading and that can be a few days to weeks and then there is position trading which can be years. Other than day trading other types in reality do not have a hard timeline; you only cut your losses you let the winners run and run and only get out when there is a reason to get out. So the difference between and a loosing investor and a winning investor or trader is they stick with winners and are not stubborn or too proud to get out of a loosing position; winning investors and traders have clear risk vs reward management. There will always be some that get lucky by chance but you need to be prepared to be one of the unlucky ones. This board is full of so call investors and lth with the mentality of a day trader worrying about today and tomorrow’s % and the overnight news; which is disaster waiting to happen…decide what you are and suits your mentality. If LTH pick and entry price and your 3-5year target put your money in and ignore the present. Day or short term trader; be quick to get in and out and enjoy the volatility and when this takes off just enjoy the ride up until it gives you signs to get out.

it is very funny…you can stats be what you like; it is not 30% in a month. It 30% down in 25days; not even a month LoL. with no news the price is still odd on towards 22p and then may see a bounce. News any day and there will be plenty of opportunity to buy in on way up just like right now for those that bought in the 30s; there will always be pullbacks. .

officemanager you can go through my posts and you will find a good mix of positive and fair posts based on factual share price action.

April
4 - Blue
5 -Red
6 - Blue
7- Red
8 - Red
11- Red
12 -Red
14- Blue
19- Red
20 -Blue

Sprout I think it is a good call; there is nothing wrong with buying in and getting out and waiting to get back in a stronger position either at lower price or even higher but with more certainty. FOMO and hold not matter what is one of the biggest reasons many blow their account. For every 1 person that tell you they held and then got 100%+ winners there are multiple more that did not work and lost more. I've been in an out of GDR no less than 4 times and I can assure you there will be plenty more opportunities now and in weeks, months, years to come. Those that were here in 2020 never thought there would be at least 8 waves of up and down with 50%+ gains each time. And not many would think that two years later they would still be posting "I can feel an RNS is coming next week" "to the moon" "sales next week" "don't want to be out this weekend" .

I didn't say is a fair or future price...bargain being just at the next key support and way below current SP.
The difference between 22p and 30p is over 35%! It is no bargain if you pay over the odds by that much.
Between 25 and 22 is no mans lands and not really a buy unless we start building a base at this level.

the bargain price is currently below 22p.

I am not a LTH and currently not in it. But will catch any up move or downmove…currently down looks higher odds but no entry signal either way so on the sidelines.