ah right. so remember on Friday I bought $10,000 worth of BTA, in the hope it would show a small rise, and had to sell them at the end of the day for a total loss, including costs, of about $500, because I don't have $10,000 to cover the settlement?
well of course TODAY they announced a new sale to the US government and it peaked at about 20 per cent up on what I paid on Friday. in other words, instead of making $2000, I lost $500.
here's a stick. hit me, will you?
resolution: never, ever, ever to put myself in a position where I risk being forced to sell. of course that means slower profits. but it also means no forced losses.
I haven't totalled up last financial year, from January to June, yet. but I suspect I'll come up about $300 in profit. is this just a learning experience? for you, maybe. for me it's real money.
