TSXV:RTI.H - Post by User
Comment by
Cashmeoussideon May 03, 2017 10:51pm
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Post# 26201221
RE:Should I reduce my position?
RE:Should I reduce my position?FreelanceForty wrote: Currently holding $5000 worth at 0.495 average... I am getting worried day by day. I can afford to lose this money but that doesn't mean it won't be painful.
Thinking of reducing my position to around $2500. If the SP soars up to 1.00, then I'll still be incredibly happy with a $2500 gain. But if it plummets to 0.1, I won't be as sad as losing $4000.
Thoughts?
Thoughts: do not make a decision based on fear or impatience. Have confidence in your decision to invest in this unless and until you receive reliable information that would make changing your mind an informed and reasonable decision. If you were to change your mind now, it would arguably not be reasonable nor informed.