It wasn't really a good trade for Magnus when I loaded 1000 lots last Friday at 0.044. Yesterday the high was 0.045/0.046 and I had the chance to unload at 0.045 but instead I unloaded at 0.044, losing some commission. Just when I thought it was about to turn, the turn failed me and I have to run first. It's always good not to have target price, when conditions turned sourish and bearish, run with your life first. Don't be a naked deer and allow the bullets to shoot at you. That's what I did for WE and Magnus yesterday. I am vested somewhere else which I believe can give me a greater reward. I shall watch.
Update 23/4/2013, 10.24am
Magnus dropped 1 more pip down to 0.043/0.044 !!!
Ronald K - Market Psychologist - The Big Speculator
