RE: Red Braces Brigade16 Jan 2021 13:40
T.... We certainly have different trading styles don't we? Where you see stress, I see excitement. (note to self...it's certainly not exciting making a big loss though). Yes, I did say that I was trying to reduce the number of my holdings and I have exited three (CMCX, GRG and MRW) since Christmas but gained one (ARB). I am expecting to exit TCM very soon and hope to sell TTG as soon as it shows me a soupçonne of profit. I think I will also sell ARB as it is much more tightly reated to BTC than I expected. Perhaps a little more research was called for there!
Spurred on by CSDI's actually defining a strategy for each of his holdings, I am part way through an analysis of mine. I have become somewhat blasé with my stock picks. I think I could make more profit with more decipline.
Me too...trading PFC after the SFO event...it is the non stampy aspect that aided my attraction to them, as it has with ASC (and previously FEVR). With no stampy it is much more profitable to do more micro spike/shake trading. Looking back at ASC on Wednesday, buying at minimum, selling at maximum that day would have yielded 5.8%, I achieved over 9%and didn't really hit the max and mins in the curve often. But you know this stuff, my point being that no stampy makes all the difference in such trading, i.e. when one is taking a 1% profit, stamp duty can be half of it! I am saying this for my own trading reinforcement, sorry! So I may well be adding PFC to my "active duty list"again after a year's hiatus.
As ever T, thanks for your comments. Have a good weekend.