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Royal Nickel Corp. RNKLF

Metals & Mining Industrial Metals & Minerals


GREY:RNKLF - Post by User

Royal Nickel Corp. > Avereaging up vs psychology
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Comment by Geodan2on Sep 21, 2018 1:01pm
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Post# 28665363

RE:RE:Avereaging up vs psychology

RE:RE:Avereaging up vs psychology
DaMan15 wrote:
Maddjik wrote: Is it just me or I find it very hard to average up and see my nice low average being destroyed?
i know I should buy more and I have money waiting on sideline... but in my head it’s easier to
average down but I know I won’t be able to do it here!

GLTA FOLKS!



It's not just you. Drives me crazy as well. I did it with Royal, and was kicking myself for not pulling the trigger quicker. Avg buy in went from .18 to .21 ... not huge, I know. I just hate leaving money on the table. 


I tend to hate it too, but now have more than tripled my position post gold strike includeing more buys this morning.  Why?  Because it is much much cheaper today than 2 weeks ago.  The price is up 4X but the value is up 50 times or more.

Cheers
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