.

spoil sport...

wowee! ..... just added the finishing touch to my free lunch ..... many thanks RF as for sure would not otherwise have bought, even if it was fairly modestly

Soaring regardless of being a red day.....very well run little company....operations going on in Texas plus preparations underway for high impact well in Georgia and also preparations going on in Puntland (horn of Africa)(unexplored as far as oil is concerned) similarities with Yemen across the red sea.........plus Trinidad news due.....isable as well.....fab little gem...what's hot have been tipping this for sometime now......looking good.....might break the 20p barrier if ftse turns around soon...

Sold half of my holding from 5.94.

What a great day with this and atuk.,.

There is no way I would trade tgis now the herd have gotten hold of the bit. Huge buying means MM's have to find the stock from somewhere.

What a day I have had with this and AMER.

and Asos Balerboy.

Same here yuff......don't remind me mitz or I'll pull your curls......

Well done all of you who have had a good day on various stocks, I am very happy with RRL can't say the same about any other of my recent purchases hahaha!!!! Will RRL perform the same again tomorrow I wonder? Your atul Balerboy did well up 6 (well done).

Jolly nice day :) !

Yuff
Hardest thing is not selling!!!
Trying to stay strong!!!!!

Correct the hardest thing is not selling - Scared stiff incase they flop - can't see it but none of us have a Crystal Ball. Finished up if I am correct with still more buying than sold. Have a good nights sleep and see what happens tomorrow eh!!!!!!!

hardest thing is discipline!

Brought up by Victorian Disciplinarions all I have ever done is rebell, we should change names obviously not sexes. Oh sorry, seriously it gets a little nerve wreching at this stage of the game doen't it? It gets to sh..t or bust. well we won't get to the bust stage I wouldn't think. Good Night.

Discipline is quite easy really.

Set a percentage loss you are prepared to accept and sell no matter what.

Have a target in mind, adjust as necessary dependent on circumstances at the time.

Never look back, 20/20 hindsight is a wonderful thing, none of us have it.

Pt, how do you set a realistic target in such a comp like RRL or atuk with the possibilities of going from good to very good? do you set 50 - 60% profit and sell, then possibly watch it go past 100% profit....... anybody in at 5p has well past their target at the mo. Just interested in your view.

wonder how friday will go - end with friday profit taking or mass buying in expectation of monday - or a bit of both!! - i would not wanna be outta rrl over the weekend! lol

you said that last week......lol

BB

Firstly, if it goes past your 50/60% profit, what's the problem? Ok, you're going to be kicking yourself, but that's bringing emotion into investing. Don't forget, you were happy with 50%, you were right with your trade, so why beat yourself up for being right? Very rarely do peeps buys at the bottom and sell at the top. In any event, you can always buy back in.

Secondly, selling at the right time is an awful lot harder than closing a losing trade. But if it goes up and meets your target, you have to judge market sentiment, use technical analysis indicators, the possibility of more news to keep the move going etc before making a decision.

Ultimately, you don't want to give all of your profit away, nor do you want to lose your bank.

Edit: On reflection, this subject and related others could be discussed for hours on end, I might start a new thread!

bb lol - i was right though

pth - yep darn hard to buy at lowest / sell it at peak - often get near it but to get it right only done it by pure fluke myself

i do like top slicing though - but even that dont always work if the share drops really fast at a high % then takes an age to recover - done that before then kicked myself for not taking the whole lot then buy back at the new lows! but hey ho