TSXV:NIR.H - Post by User
Comment by
Francesco1on Jan 28, 2001 10:40pm
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Post# 3214728
RE: Francesco
RE: Francescopmc51,
Thanks for those equity fund nummbers ...
It looks like there is money to be made by using your numbers in a conservative mutual fund trading system. I really like the fact that they are quite a bit safer that trading an individual stock. Their size really has positive effect on the risk of capital loss, through diversification.
I agree with you on your comments with regard to the entire junior development group. They really are affected to a greater degree by their underlying fundamentals and the other factors that you mentioned. Buying these types of stocks is akin to riding a motorcycle with no helmet on.
The larger more established companies do give you a margin of safety/less risk due to their established trading patterns and history of successes. These factors do provide a percieved safety cushion that gives potential traders more confidence, a more secure base from which to trade from.
I am also taking the same approach to NIR that you are.
I add to positions when declines take place and monitor the fundamental situation by reading your posts and those of GRQ MAN and several others that post regularly.
Francesco