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28/03/18
12:43
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Originally posted by SreeHC
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I have been a fairly long term holder of NCM, but lately it has started a downtrend as per my TA, and I have been divesting slowly from last two months to keep just a core holding....from long term perspective NCM could be doing a double bottom and I hope we will see a move upto 21.6+.....I must be a glutton for punishment as I got in today again as if the losses I took while divesting was not enough.....hope to recoup some of that loss if it does move to 21.6
GLTAH
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silly move IMO
i've seen this scenario pan out many times before, it really does follow a typical script, and your descriptive post tells quite a lot.
you know you shouldn't be chasing these loses, yet you are.
self-reflection. growth as a trader/investor.
until you reach this point, you will not grow in this capacity.
i hope i'm wrong, but chasing loses leads to more loses.
all the best.
all IMO of course.