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The worst thing is to try and time the Market, I did read few articles warning people to try to be cleaver and sell to buy cheaper later on, because in most of the cases, they missed the rally when things turned suddenly, which often happens.
The best example would be the COVID crash, no one believed that it was going to be a V shaped recovery after the intimal bounce .
Many people , even provincials , advised people to get prepared for a "Re-visit" of the lows
But guess what ?, it didn't happen, and the Market just kept rising
So, all those who sold to buy cheaper missed out on the rally.
That's the Market for you, just stay calm, keep your positions, don't try to chase your tail , and you will get there, !!
If you are a trader, then you are expected to go in and out with profit of around 5% , and also more importantly, a Stop Loss and you repeat that again and again
The idea is that you are working on a percentage of success , say 6 out of 10 trades will make money, 4 trades will get stopped out.
Investors is a completely different story, you just need to buy what you think is cheap, and don't worry about few percentages up or down after buying , then you sell when you happy with price and profit , a year , 2 year, 3 years later, it doesn't matter, as long as you keep the shares and sell when the price is right.
I see people here getting confused and misunderstanding the difference .
I personally think that most people here are investors , so for the share to go down to 150 or lower, it doesn't matter at all, because in 5 years time I would say it will be about £5 - £8 .
Simple
So those who are crying "SELL SELL SELL" , you need to say that to Day Traders and Swing Traders, not to investors
GLA
Just looking at the daily chart, looks like a big drop, but the good thing is that it is just setting on the 200ma right now.
So I reckon a good bounce from here to around 2600
GL
Will bounce back at least 10% next week
GLA
Specially it is bouncing of the 5ma & 200ma on the daily chart
Soon, we might have a "Golden Cross"
GLA
Here is the link :
https://boeing.mediaroom.com/news-releases-statements?item=130736
Boeing, Honeywell And Rolls – Royce Deutschland Partner To Service H – 47 Chinook Engines
Boeing, Honeywell And Rolls-royce Deutschland Partner To Service H-47 Chinook Engines
Boeing - Agreement To Provide In-service Support Of T-55 Engine If Government Of Germany Select H-47 Chinook For Sth Heavy-lift Helicopter Requirement
Boeing - Honeywell To License Rolls-royce Deutschland As Partner In Germany To Perform Maintenance Of Chinook T-55 Engine Operated By Luftwaffe
“Realistically, the company has damaged relations with existing investors who alot of them are at losses of 50-75 percent, the reality is SP so low makes sense to do RI“
*******Think you’ve nailed it Patanj *******
GAZ : Why you didn't say that you lost 75% rather than having a Hysteria and Verbal Diarrhoea !
If you have lost that much, and say, then we will understand
But you will get no sympathy by acting like a CLOWN
# FILTERED
Thats why we are down today :
"Uk Lockdown Fears Rattle Travel And Leisure"
Speculation about whether the UK government will introduce a new lockdown or new restrictions is hitting Travel and Leisure shares pretty bad this morning.
With the sector losing 3.3% at one stage, it's facing its worst trading day since June.
BA owner IAG and EasyJet are down 10% and 7.7% respectively.
"With the growing likeliness of quarantine restrictions being imposed on UK visitors, it comes as no surprise to see the likes of IAG, easyJet, Carnival, Rolls Royce, and InterContinental Hotels Group heading up the FTSE 350 losers",