Post by
marketsense on Feb 07, 2023 4:14pm
Patience
With the extreme volatility we have been seeing, it is tough for longs to hang in there
for a big payday that might take a year or so. The volatility has encouraged swing trading in the sector as traders are booking huge profits each swing. This has caused
longs incuding myself to do the same but I have maintained a core position which I
will not sell until the growth potential is more realized. I differentiate my trading off
the fluctuations in the oil price from the organic growth aspect of developing the
Clearwater. They are two separate ideas and its wise to keep them separate IMO.
To use that worn out phrase, you have to walk and chew gum at the same time.