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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@MiningBookGuy@bullmarketmove - thanks for sharing your new interview with Justin!
I will tag #trading, because I feel like this gets into an area I'm not especially good at, though completely aware of. Justin's techniques (or #system ) is something that that is very different from what works for me. I'd say one key aspect to point out is that I'm fully ready to sit on a 'big loss' that gets even bigger, and buy even more stock, IF I have the conviction that it will come around because the company is deeply undervalued. This can take years...not something most people who consider themselves 'traders' would ever wait for!
I guess it's just important to realize there are VERY different ways to make with stocks, and this goes far beyond just the 'junior sector' (as it's clear that this is only one part of Justin's focus). And regardless of how different it feels from what works for me, we can all still learn from each other's techniques, and continue to adapt our styles. #TheNextBullMarketMove
@bullmarketmoveThanks for that @MiningBookGuy yes, I also follow your strategy of buying more when there is a bigger correction, although this has caught me out on the past because if the stock isn't acting how it should or major insiders are selling them you should get out. But the stage analysis does have some value, I see it as just another tool to use for #trading, but you're right, everyone must trade/invest in their own way. #books#mbgtrends#TheNextBullMarketMove
@bullmarketmoveThanks @Alan yes, Nick does have a great approach to picking stocks and in a lot of cases it's like being a detective-who are the insiders-what's the track record of management-where are the assets, are they in a jurisdiction I'm comfortable with etc etc and on and on it goes. But I love it. :) and I'm so glad Nick recommended #TheZurichAxioms to me, I had never heard of it either. #mbgtrends#TheNextBullMarketMove