Gear Energy Ltd T.GXE

Alternate Symbol(s): GENGF

Energy Oil & Gas E&P

Gear Energy Ltd. is a Canadian exploration and production company with heavy and light oil production in Central Alberta, West Central Saskatchewan and Southeast Saskatchewan. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its properties include Celtic/Paradise Hill, Saskatchewan; Wildmere Area, Alberta; Wilson Creek, Alberta, and Tableland, Saskatchewan. The Celtic/Paradise Hill is located within Township 52, and Ranges 23 and 24 W3 and is approximately 40 kilometers northeast of Lloydminster, Alberta. The Wildmere field is located within Townships 47, 48 and 49, and Ranges 3, 4, 5 and 6W4, is approximately 200 kilometers southeast of Edmonton, Alberta. The property consists of approximately 24,325 gross (23,000 net) acres of lands. The Tableland property development is predominately focused on the Three Forks/Torquay formation, with minor production from the Bakken and Ratcliffe formations.

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Gear Energy Ltd > learn to trade you wont have to worry

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Comment by Roscoe747on Jan 01, 2023 3:12pm

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Post# 35199055

RE:RE:learn to trade you wont have to worry

Roscoe747 wrote:
lashing wrote: When the ebb/flow happens you sit it out, risk free. Thats why I trade. This is not a buy and hold market. Its not 1943. Everything is political, everything in manipulation every day 24/7

Trade, take the money and only keep low the stocks you bought at actual lows hindsight presents to you. No catching falling knives, no averaging down. But low, sell high. Hold only the insane bargains. Only way to know what an insane bargain is when you bought to trade, ended up holding when the pattern teached you you got a low.

Insane lows are coming again. Proven right every day this month.

Good post. I agree. The volatility will keep coming because news travels fast in the digital age and is usually conflicting. Swing trading has a big learning curve to it but its easier to preseve capital.

My last trades, i was in at $1.20, out at $1.25, in at $1.15, realised I was wrong, got out at $1.13 and in cash since....waiting....patiently. Nobody is right all the time and the smart move is to get out, take your licking and keep on ticking.