r00lish67
Member of DD Central
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Post by r00lish67 on May 29, 2020 9:27:56 GMT
"Then I saw that IAG is cheap NOW. So I sell my £100k on VUSA and use margin loan to buy £100k IAG." That way, I don't miss the opportunity when IAG may be at its lowest!! Would you be using the same assessment criteria to determine IAG as 'cheap' as you did for Thomas Cook? It just seems like you are continually battered around the metaphorical boxing ring by these share trading punts, and now you're asking for your always victorious opponent to dip his gloves into glue and broken glass for an extra challenge. Fun to watch though, as long as (I hope!) you can afford to lose whatever you're playing with.
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cwah
Member of DD Central
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Post by cwah on May 29, 2020 9:36:51 GMT
"Then I saw that IAG is cheap NOW. So I sell my £100k on VUSA and use margin loan to buy £100k IAG." That way, I don't miss the opportunity when IAG may be at its lowest!! Would you be using the same assessment criteria to determine IAG as 'cheap' as you did for Thomas Cook? It just seems like you are continually battered around the metaphorical boxing ring by these share trading punts, and now you're asking for your always victorious opponent to dip his gloves into glue and broken glass for an extra challenge. Fun to watch though, as long as (I hope!) you can afford to lose whatever you're playing with. IAG wasn't my example. I just re-used it because it was his example. I don't even plan to buy this. My previous punt was BGEO and I made 10% of of it before exiting due to the virus! And my next punt is National Express. Put a decent amount in and will increase if it drops more.
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r00lish67
Member of DD Central
Posts: 2,691
Likes: 4,048
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Post by r00lish67 on May 29, 2020 9:52:25 GMT
Would you be using the same assessment criteria to determine IAG as 'cheap' as you did for Thomas Cook? It just seems like you are continually battered around the metaphorical boxing ring by these share trading punts, and now you're asking for your always victorious opponent to dip his gloves into glue and broken glass for an extra challenge. Fun to watch though, as long as (I hope!) you can afford to lose whatever you're playing with. IAG wasn't my example. I just re-used it because it was his example. I don't even plan to buy this. My previous punt was BGEO and I made 10% of of it before exiting due to the virus! And my next punt is National Express. Put a decent amount in and will increase if it drops more. Doubling down if individual shares start falling, what could possib-ly go wrong? Btw, you could try that at the roulette wheel next time you visit a casino too. Just always bet on red, and if you lose double your stake each time until you win.
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cwah
Member of DD Central
Posts: 949
Likes: 468
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Post by cwah on May 29, 2020 12:26:12 GMT
I actually double down on this stock twice and sold twice at profit I'm waiting for the next dip to triple down However it doesn't always work. I double down on metrobank and lost a hell out of my ****. Was 90% down. Then bought at low and went again 30% down. This stock is dangerous. Good thing I only put a small amount
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