G'day All, 🦘 I've had a quiet month or two, learning to hav...
G'day All, 🦘
I've had a quiet month or two, learning to have patience! paid off a little already
Also learning when to TP instead of holding way too long
Apparently they're 2 of the biggest flaws with new investors (among others) and I'm guilty of both. Admit it, we've all been there... picking right stock at the wrong time or hodl'ing when we should just cut the loss.. Instead of closing with a solid profit we get greedy for another run that may go the other way..Or losing patience and letting shares go right before they rocket... It's a balance alright!
I did finally close a long position on Novonix. I've been accumulating, averaging down with a cpl dozen more buys for over a year. From 3-4bucks a share to an Avg. of 0.934 (now 0.815 a month later...back in )
Below is the snapshot for August when I finally let it go... also just a few of the buys over time lol.
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I shudder at the prices I was initially paying in 2022!
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$Novonix (NVX.AU)$ I still believe in the company, but I jumped in early I think,.on a bit of a slump. Worth another peek if it looks to gets back to North of $4.
Overall profit was around 20+% for the month of Aug
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