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I would like to repeat a small portion of an article I wrote on NAB in the June 28 edition of SharesBulletin. With the recent fall in NAB’s share price, I thought the article may be of interest to Trading Tutors readership generally.
Noel Campbell
16 Jul, 2004
One of the toughest challenges for a new trader is to be able to walk away from a losing trade without getting rattled. I'm sure a number of readers can relate to what I'm talking about.
It is no secret that the majority of options expire worthless and that many successful traders use this fact to their advantage in many of their trades.
I was not an early convertee to the gold story although I have been in and out of gold stocks over the years. Certainly gold had a great run up from July to December 2003.
Learning how to put a Price Forecast together can seem a complicated process. However the best idea is not to try and spend your early days making forward projections on where the market will be in the future.
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