Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thank you Skindle ; I am a novice and could have and maybe should have cashed in at 220's mark on a nice little profit but didn't want to miss out on the 250's etc which I thought the price was heading towards quickly. My fault entirely ... I don't want to blame anyone, as people give their opinion which they rightfully should but it was up to me to take it on board or leave it.
No harm done as will just sit it out and break even or make a little profit in time. The only thing is, is that there is no spare money to play with in the meanwhile. Will just have to find another active hobby whilst keeping one eye on IAG. It's been fun though for the past few months.
Thank you.
moon81111,
Thank you ; I think you've hit the nail on the head ; I do not have a clear plan and get attracted by short term profits but miss out on the long term bigger profits.
Thank you for the wise words
Hi Anapa69,
Indeed you did. I am a novice and not as experienced as some of you guys and the thrill of cashing out at the peak and coming back in on the trough seemed like fun. But I'm learning from my mistakes and finger happy bad moves ; short term gains are not as good as what the long term gain would be I know.
I'm also learning a lot from all you guys.
Thank you all.
Hi Livepari,
I agree, the motely fool says contrasting things from day to day. I have made a right mess of this all the way up from 150 SP when I've taken small profits on the way up but missed out on the big profits by not being finger happy. I did it again this morning. Bought in at 212 last week and sold at 215 this morning thinking a retrace would happen but it just continued to 218+. This day trading is not a good game for me ; I think I will wait to go in again today at some point and then leave till summer ; but easier said than done thinking It'd be better to sell at high and come back in on the same week.
Not good for the stress levels as this years ISA allowance is at stake. Each 1p up or down is £100 up or down a time so tempting to go in and out, and be finger happy.
GLA
Hi guys ... this just happened out of nowhere today ... I bought some at 218 and got tempted this afternoon thinking that the falls had steadied and bought more at 210 ... this is after losses Pre xmas when they tumbled as bought at 177 and when dropped to 139, sold at 150 to cut my losses. I’m new to all this so not so experienced and savvy as some of you guys. Let’s hope for a great week next week. GLA