Friday, July 9, 2010

Bull stock (SBB.to)

Some people say charts do not say much. This chart has been screaming at me since October. I just wish I listened to its original message as it hung tough after the weekly breakout noted in NFTRH back then.

I still await lower prices but at least don't have to worry about it because there is no way I am selling any of the shares currently held unless something goes wrong at the company. My preference is for a pull back to add, but I'll take a continued rise as well I guess.

Two of the most important lessons I ever got in trading were learning to love taking a loss and not playing psychological tricks on myself, like refusing to buy higher after a mistake.

Hey, have a good weekend dear reader.