@asxlongtail @asicmedia agree its serious, how do you explain the sudden increase in $TLX share price the day BEFORE the announcement was released? Was it made public anywhere? If so then that makes sense, if not then it just randomly went up that day by coincidence?
@_findingmyedge @suracheFX Hey mate just got up to speed with your posts the last few days, I recommend reading @alphatrends book ‘Technical Analysis using multiple timeframes’, unreal read on price action analysis and has really helped me with being more selective, best book after Bella’s books imo
@RafDaCo@trade4a_livin Well fundamentally I still think it’s a really solid company, but that was exactly my problem. It was a trade/swing but i let my bagnalysis dictate my decision making. Also obv IO is having a meltdown so there was no reason for me to stay in the position
@_findingmyedge head up mate, just a speed bump that you'll look back on and learn from. $900 isnt ideal but its nothing in the big picture. Learn and move forward. I had similar trades when fading stocks that i had a strong opinion on their fundamentals, price action is the name of the game
If anyone was wondering, I have still been trading since my last post in April. I decided to stop posting PnL as it was actually just causing me stress and i felt like nobody (incl. myself) was getting anything out of it. Its been a grind the last few months but still here!