A dumb thing I did in 2020:
Saw something that wasn't there on a maiden RE trade and bot late. Should have known bulk tonnage MRE/PEA etc almost all sold news in 2020 but was busy and rushed. Need to be early to best win those types of deposits. -25%ish for my trouble. 1/11
It was small money fortunately. <---GT Gold. Embarrassing thinking back on it. Industry guy told me it was kinda dumb after.😀I would say the lesson is to never rush into things but that's not true. There's times you can rush into things but it depends on the circumstances. 2/11
Example: I just happened to be watching the trading on Kodiak Copper as I thought it was through an interesting spot then all of a sudden the stock just started getting walked up. Grabbed some. It halts a minute later and releases proof of concept assays the next day. 3/11
Context is everything. Don't be afraid to try some things but keep it small when trying. You can learn really important lessons. Save piling in on concepts for when you've been doing this for years (10+?). You might win big early and think you're smart. Most of us are not. 4/11
No substitution for the grindstone. I won on a couple positions early. Tough to lose on Claude Resources buyout & finding Nexgen. Was saying to a few of the guys last night that I am surprised I did not go -50% on portfolio next. My strength was knowing I still knew little. 5/11