RE: Interview CF with Doc Hoilday3 Jul 2020 14:44
Thanks Demon. I'm relatively new to trading, have held shares as an investment for a while. The strategy that has worked best for me is to buy shares that make new yearly or all time highs that's how Orph came up on a my radar. I'm quite strict with my stop losses now, max 10% so I've stopped out on a few, some which has proved right some not, made a mess of both ODX and GENE, where good money was to be made trading. I do not average down like a lot do, if anything I will average up. I have bought in twice here and made money and once where I got stopped out. Now I'm in for a 4th time and my notes say I have targetted yearly high around 16p. So I have a stop @ 10.9, 6% loss but an upside of 16p which is a 38% profit, a nice risk reward play, but that was when the share had a lot more momemtum. It has gone flat, so I'll see what happens.