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They are pretty much all or nothing. Patience is the key as I learnt last year when getting nervous and deciding to sell all of one particular oily at 6p. Now they are 20p. I'm up so far 35% but longway to go !
Coincidently todays Investors Chronicle list 7 oilys they reckon are set for the big time. Luckily i have 2 of those already !
They are pretty much all or nothing. Patience is the key as I learnt last year when getting nervous and deciding to sell all of one particular oily at 6p. Now they are 20p. I'm up so far 35% but longway to go !
Coincidently todays Investors Chronicle list 7 oilys they reckon are set for the big time. Luckily i have 2 of those already !
There's a time honoured saying in trading "cut losses short, let profits run".
Since you're investing AON, you've no control over losses, so you need to extract as much profit from the winners as you can to offset the inevitable losers.
I'm not suggesting you follow the advice in this article but it might give you some food for thought.
There's a time honoured saying in trading "cut losses short, let profits run".
Since you're investing AON, you've no control over losses, so you need to extract as much profit from the winners as you can to offset the inevitable losers.
I'm not suggesting you follow the advice in this article but it might give you some food for thought.
That saying is fine if the fundamentals of the company have changed, if not then the last thing you want to do is to panic sell at the slightest hint of a downturn. If the company is still sound then average down and buy some more on the cheap (if you have a strong resolve !).
My strategy is purely based on one of the 4 i have hitting the big time. If i make a loss on the other 3, i'll still be nicely ahead..i hope.
funny, i bought two of them yesterday and noticed a slight rise in their trading price as there was quite a flurry of buys after you posted them online.
Hilarious if the BN66 forum are responsible for driving up their price! if only they knew
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