RE: Disaster29 Nov 2025 21:07
Bad idea not to have a 'Stop Loss' set here. Why? Is it volatile? No. Has it been falling, in a very consistent manner, for the last 5 years? Yes. So, not teribly hard to read.
So, rather than watch it fall from £8 for example, why not get out & find another 'opportunity' that might help you to re-coup your heavy losses in Ocado?
Some have failed horribly here, by failing to exit. It's just too easy to 'sit and hope' - but often for PI's - totally fatal.
So, I personally bought FXPO, just TWO weeks ago, having taken a hair-cut here, of £1,931 (we all lose at times).
The Result?
With FXPO I am already up, in just TWO weeks, by £4,768. So, my losses here, have already been 100% erased.
Moral of the Story? It's often better to exit, than passiveley sit still and 'hope' - while continuously racking up huge (and often irretreivable) losses.
This one is dead. Sadly, very many here, will never get their money back. So try to re-coup it some place else??
Was FXPO a punt? Yes, just like Ocado was for me.
But, this one worked. Oh and FXPO will go MUCH higher from here, with just the glimmer of peace, in the Russia v Ukraine war....