Added to NOVRF as planned on July 6
July 6, 2021
Newer issues like NOVRF can be harder to manage entries and exits, as there is less data to paint the charts with sufficient information, so as to make more reliable decisions. That does not mean we can take a trade, just that we have discipline with regards to position size and stop out levels, but we should ALWAYS be disciplined in any case anyway. I will re-post the daily chart here for those that missed it recently, because I stepped in as planned to add to my copper royalty NOVRF today.
As always, members should check my adjusted stop levels for the position, as well as my overall position size and unrealized gains and losses in my daily account statements posted on the site. Please take advantage, as nobody I know of that writes newsletters like this publishes their REAL positions each day, in an account statement. For some reason, the closest they come is to type it on the site, but that is just more work and subject to fudging the numbers, so make no sense at all for a legitimate trader to make extra work for himself. That is, unless they are getting a benefit by telling others his trade price (and they NEVER mention POSITION SIZE, the single most important aspect to any trader’s results), meaning they wait all day to post then pick the optimal price to report to subscribers, instead of the actual price paid!
So the story is the same with NOVRF and the reasons I want to own it. I also find the CEO to be informative and entertaining, though I would not buy a stock just on those observations alone. His name is EB Tucker, and he has many video interviews out there on youtube, for those that are interested. When I get some free time, I will post some of the videos here for readers. Here is the daily Nova Royalty Corp chart, once again.
