Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Lesson learned

Lesson learned

posted on Nov 15, 2007 06:19AM

Hi All,

As i am pretty new at "trading" these stocks there are a lot of things to learn. One lesson i learned is to set goals on which levels to buy and sell and stick to them. And also which percentage to sell or buy.


Last week i got to greedy and bought extra at .145 and .135 leaving me low on cash in my trading account. If i just had waited a bit.
(thats the other lesson; keep some extra cash nearby)

My feeling says that the price of SPQ can reach 0.3 before christmas as long as SPQ and the other's on the block keep up the good news.

Don't get scared.. its just like a rollercoaster; relax and enjoy the ride.  (just don't eat to many apples or you will be sick)

Regards,

Gerwin

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