RE: Gower/xenor7 Jan 2022 11:37
Ant/Darren.
Thing is, some of us aren't really good enough to pick the optimum buy and sell points with any regularity. It's a real skill, and even though AIM gives you far more opportunity to practise than main markets; due to the fast up down volatility etc. I still screw it up more often than get it right.
So horses for courses. Generally I try to pick sectors and shares that seem to have potential, and then drip feed in still fairly largish amounts. Sometimes buying too high, sometimes getting in low. Trying to average out over a bit of time, but with an overall buy in cost that gives some chance of profit on a more sustained move North?
That's just my take. But fair do. I invested on main markets since 84. But only on AIM for just over 3 years. It certainly seems here that, as up n down RNSs rule. If you are good or lucky consistently.... Then you can ride the waves up and down and make good money, no doubt.
Or you can research and sometimes find a few gems that over time these ( or some of them) will work for you on principle of pound cost averaging etc.
I think though that you may get better reception from those with an alternate method by not rubbing thier noses in it quite so much when a fortunate RNS fits your strategy...
Is all I would say...
Good luck to those day trading. I know how tricky it can be. But don't treat those that don't have the inclination or skill as idiots if they work another way.
It's boring, but as said & personally come end of Q3 I will review my investment strategy on this share. I still, and despite the issues clearly still in play here, do expect to see progress in both material, and share price growth by then.
As you guys are still here I assume to a degree you would concur also. Otherwise, why waste your time on this one?
If your good enough to second-guess the SP dropping RNSs, and also predict the ones forthcoming that lift the share skywards & that we all hope for...
Then you are better men than I.
Cheers to all share holders here in 2022.