RE: Red Braces Brigade28 Feb 2020 18:25
O: Yes I wish I had had the courage to sell as you did. It's FOMO (fear of missing out) I suppose. Thing is I think the opposite is FOWO (fear of being wiped out). This week has definately been a mixed bag for me, I was very lucky with a couple of shares but unlucky with the rest compounded by a certain amount of panic when I traded, not up to my usual (mediocre) standard. My excuse was that I was out today and having to use my mobile phone, not ideal for me.
Nice to see the FTSE make a recovery.
Looking back at the OCDO chart (with Stochastic and W%R displayed) If I had had access to this "full" chart, I doubt I would have sold OCDO early at 1043. I think I would have held until at least 1050, if I had sold at all. Interestingly, the full chart for PLUS would have induced me to sell when I did, even though another approx 1% was available later.
With LLOY I really did mess it up, approx 2.5% gain in shares was on offer but I managed to only gain 0.9%. Luckily again, they managed a bit of a late rally so I have ended up in a reasonable position. i.e. long with shares costing below current price.
I don't deserve any sympathy for being caught with my trousers down with shares in NMC when they were suspended. I did make some profit last week and this before they were suspended.
Reminds me of the old maxim, "Beware, shares can go down as well as fall through the floor".
Hope some others out there had a resonable week.