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Online Share Trading

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You Gotaa Love This share....................................

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Electrox
Super Contributor
Thats Electroluxury... Unfortunaltey Im short.. Logic says go long since we making new high right? I do the opposite now..
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asylum
Super Contributor
Barnard sounds like you got some tips from that froggy trader from the bank in Paris.
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1169
Frequent Contributor
So should we go long,, damn i'm also on the wrong side
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Electrox
Super Contributor
1169 Dont chop and change position based on this forums opinion, stick to ur stradegy and have your stops in place before u in the game.
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Not applicable
I lost half my equity from chopping and changing with IMP all in 2 days. if I had stuck with any one of about 5 positions I took. within 2 weeks I could have made profit from each of them whether or not I was long or short. due to its vollatilty you have to have wider stops I think as one gets stopped out only to have share come back where it would have one a profit. I am sticking short!!!!
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1169
Frequent Contributor
That's why i have been loosing alot , going to keep stop losses and stick to them from now on, still short putting in a stop loss now
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Not applicable
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asylum
Super Contributor
Barnard ive had the same problem got out to quicly only to see it come back have taken a huge beating over the last 2 weeks also because of swapping positions too often.
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Electrox
Super Contributor
if there 1 thing I learnt from trading. Its having a stradegy with PATIENCE!! many a time it was the patience side that made me loose and not my stradegy. Choping and changing is blady disatrous. but I think if things go good after today, we might test that 272-275 level again before a pull back
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1169
Frequent Contributor
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Southpaw
Contributor
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1169
Frequent Contributor
I think its going to go like your name , all the way south
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Electrox
Super Contributor
Could be a good time to add more to your short position, but if we close above R271 I'd be worried im on the wrong side for the short term.
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1169
Frequent Contributor
Burning here, stop loss at R275.00 , is this thing going down or what , as soon as the stop loss kicks in the price will drop
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Not applicable
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1169
Frequent Contributor
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1169
Frequent Contributor
What's your view on this one Mkadir? still going to go up or is it going come back down , what is it's resistance ,,, i need to learn all this stuff
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Not applicable
i am sitting tight and waiting for it to head south . Sould have waited till 270 ish to short as was pretty sure it would get up here. Where the electricity cuts when you need them!!!
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1169
Frequent Contributor
Same here , what did you short at Barnard
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Not applicable
shorted at 267, hopefully it is all down from the levels it is at now!!! a small intrest rate hike today wouldn't hurt either!
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