SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Copper Fox

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The_Iceman who wrote (10285)7/23/2016 8:02:28 PM
From: Hog Head   of 10654
 
I pulled all of it out at 35 cents (it went up to 40 cents so I left some on the table). Previously I tended to hold too long and was frustrated when this happened - but through discussions here I have learned to be happy with multiple smaller wins (I've had lots of 5 to 20% short hold gains) and I haven't lost more than 5% on any trade by using stop losses.

Sure, a few times a stop was tripped only to gain back much more - but my investment was protected. Not as dramatic, but building on good returns. A few big wins like Teck @ $6ish and the near double with GOM give me something to smile about after a long and sometimes bitter relationship with Copper Fox.

For me a hard lesson learned but in the long run I suppose a worth while one...

Iceman, I hope it all works out well for you in the end with your CUU shares. A buyout may come and surprise everyone? A lot of good people are still holding and I really hope all ends well.

My approach has changed and if I miss out on a big payday - so be it. I am a lot happier now with a lot less stress. At least I feel my risk is much more limited this way.

Have a good weekend and join in the conversation more often - this is a friendly place...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext