BAL bellamy's australia limited

I will buy back in, the pain of seeing it rise is too much for...

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    I will buy back in, the pain of seeing it rise is too much for me to bare. There is a strange psychological bias were people are less likely to buy back a stock that has shown them a loss. Given the magnitude of my loss on BAL, it's quite a hurdle. Have always believed in the brand and the China market. I went all in and lost, thanks to prior management it seems, and a fair chunk of stupidity (i.e over-leverage).

    I've really blacked it out and tried to ignore BAL, that was a huge mistake. The chart was telling the story and I wasn't listening. I've made some money on A2M, but small change really.

    Rule #1 = Listen to the market, things can change, positive and negative. i.e The market was saying it was a sell before the big drop and the market was saying it was a buy at $5-10.

    Will take a look at BIN, many thanks, i'm still learning
 
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