Trading the stockmarket (NO Referrals)

Short term if you want to make any money out of RRL you need to trade on the peaks and drops, its a pointless share to hold onto through the falls since we know what RNS's are going to be comming out.

If the RNS comes out at 7am tomorrow morning i feel its going to be too late to sink any money in, news on the Smith well is only going to see us around 9p, you will be lucky to buy in sooner than 8p if things kicks off quickly.

However if an RNS is due tomorrow like some say why isn't the SP rising this evening in anticipation, its either going to be bad news and people are holding fast to ride it out or the RNS isn't going to happen till Monday morning.

I'm in two minds at the moment, plus the SP hasn't fallen into my target buying area yet!
 
I'm having a mad half hour. I'm thinking of pulling out of FOGL and going back in RRL with a slightly bigger investment in the hope we get a 2.5p+ rise tomorrow

I guess I've got just under an hour to talk myself out of it!
 
Been thinking about doing that since 11am, but the SP at FOGL always rises shortly after so i keep holding on, think i've talked myself out of it for the moment since the SP isn't showing any signs that an RNS is imminent.
 
i've sat on RRL - in with a 5.39 average so showing a profit currently but more would be good.

Struggling to not dump KEA at the moment - in at 20p so down about 17% at the moment, but tempted to dump it and jump into RRL for more.
 
The momentum for these share seems to be building, 8%, 10% and now a 11% rise, £175 gain today so Shareprice tells me, fingers crossed for a good rise tomorrow, hopefully we can top 150 and then fall back to close around 140.
 
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HZM suspended today due to a reverse takeover. Lets hope they are buying a small producer. Up around 100% so no worries.

MWA trades picking back up nicely. Just a matter of Mugabe kicking the bucket and I get to retire early.

Waiting on MNR letting the Wallbrook. Hopefully the SP will rocket. Can't complain though up over 900% already.
 
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verbal said:
Well, I would say get back into RKH below the price you sold it at but that would have involved a brokerage fee as well so I'll go with... time travel, follow my advice and don't sell it in the first place ;)
Click to expand...

Quite happy with what i did cheers went in at 182 and got out a 281, that's fine by me, nice quick profit from my first ever share trade.

Went into RRL nice and low and made a tidy profit, sold when it droped, pushed the money into FOGL and made around 30% sofar, but yes quite right for the sake of the brokerage fee i should have kept the money in RRL and not made 30% on the RRL cash and instead sat on it while it fell from 7p to 6.1p.
 
Don't mind me. It's your money and we're all just making educated guesses. That's a great result from your first trade.
 
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