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The Beast (ALSI)

Alsi top 40 FTSE/JSE

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#101 Polly

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Posted 07 May 2019 - 02:05 PM

Hi P..feels like Friday..are you thinking red later in day..

last 2 weeks history has shown alsi makes it moves up after US opens...(80% strike rate)


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#102 Midas1

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Posted 07 May 2019 - 01:01 PM

Hi P..feels like Friday..are you thinking red later in day..
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#103 Polly

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Posted 06 May 2019 - 09:17 AM

seems to be the perfect storm....trump opens his mouth , south korea missile testing and Israel bombing the **** out of Gaza!!

forgot to add the sell in may and go away phenomenon


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#104 Polly

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Posted 06 May 2019 - 08:00 AM

Only upside but not for today 1. He actually wants trade deal..i think will be done he always attacks then negotiates..2. He hates us stock market down so will handle a mini dip, like you said him and cronies most probably benefited..but ultimately he wants us markets all up...has big issue with this...so its either sell and cut loss day or hold while bumps occur..ill decide at open...but have few ideas

seems to be the perfect storm....trump opens his mouth , south korea missile testing and Israel bombing the **** out of Gaza!!


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#105 Midas1

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Posted 06 May 2019 - 07:34 AM

Only upside but not for today 1. He actually wants trade deal..i think will be done he always attacks then negotiates..2. He hates us stock market down so will handle a mini dip, like you said him and cronies most probably benefited..but ultimately he wants us markets all up...has big issue with this...so its either sell and cut loss day or hold while bumps occur..ill decide at open...but have few ideas
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#106 Polly

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Posted 06 May 2019 - 06:51 AM

All looks bad...what an idiot..could have negotiated in less destructive way

Trump needs to understand and so do the terrible twins that  using threatening tactics does not work in the markets and in this forum!!!!

 

Trump threatens to hike tariffs....China does not buy it and says wont pitch up the meeting with such tactics..

 

 

Anyway we know who shorted the US markets Friday.... Trump and his mates!!!


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#107 Midas1

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Posted 06 May 2019 - 04:45 AM

All looks bad...what an idiot..could have negotiated in less destructive way
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#108 Midas1

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Posted 06 May 2019 - 04:36 AM

He doesnt want dollar so strong but look what hes done....maybe tge hit commodities wont be soooo bad today....dont think npn will drop same level tencent though...
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#109 Midas1

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Posted 06 May 2019 - 04:33 AM

Yes trump and his mouth! Maybe buying opportunity npn...im going look later and decide if think dust settle in days or duck out...lucky bought npn at about level at right now..after dip..was 3 percentup roughly..brent also not looking great..
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#110 Polly

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Posted 06 May 2019 - 12:29 AM

tomorrow UK ( ftse) markets closed for bank holiday..

 

China reopens after a few days break...

 

and seems like a red day tomorrow for our markets....

 

 

Lets see what TC does first....

 

 

this is brutal....1000p down so far....


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#111 Polly

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Posted 05 May 2019 - 08:07 PM

tomorrow UK ( ftse) markets closed for bank holiday..

 

China reopens after a few days break...

 

and seems like a red day tomorrow for our markets....

 

 

Lets see what TC does first....


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#112 andi222

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Posted 05 May 2019 - 10:55 AM

stop losses as in trading or investing??

If you say trading , then sorry i wont help you here anymore mate!!!

a stop loss is a PREREQUISITE FOR ANY TRADE YOU WANT TO TAKE...no if or buts...
Why...all you small wins...you could have had 50 of them consecutively in 6 months of trading will suddenly be wiped out by a single huge loss without a stop..and that loss trade could even bust your account completely and destroy you emotionlly to give up trading forever.

Snappit mentions your stop will be eaten by con brokers etc....That only and only happens when your trade indexes and fx...not with stocks as unregulated brokers such as IG where prices used in cfd stock trading is same as JSE prices...hence they cannot go for your stops as they do in indexes and fx especially after hours where they free reign to do what they want!!!


I'm only investing. Not trading cfd's.

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#113 Polly

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Posted 05 May 2019 - 10:29 AM

However I'm not a big fan of stop losses.

 

 

 stop losses as in trading or investing??

 

If you say trading , then sorry i wont help you here anymore mate!!!

 

a stop loss is a PREREQUISITE FOR ANY TRADE YOU WANT TO TAKE...no if or buts...

Why...all you small wins...you could have had 50 of them consecutively in 6 months of trading will suddenly be wiped out by a single huge loss without a stop..and that loss trade could even bust your account completely and destroy you emotionlly to give up trading forever.

 

Snappit mentions  your stop will be eaten by con brokers etc....That only and only happens when your trade indexes and fx...not with stocks as unregulated brokers such as IG  where prices used in cfd stock trading is same as JSE prices...hence they cannot go for your stops as they do in indexes and fx especially after hours where they free reign to do what they want!!!


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#114 Midas1

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Posted 05 May 2019 - 10:22 AM

Thanks will look on.laptop when home..Sharechat on phone st##fing around
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#115 Polly

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Posted 05 May 2019 - 10:19 AM

P saw your alsi post lower..presume as always npn and alsi mimic..im long on npn..hoping above 3900 rand

posted chart of daily npn in cfd thread for you.....check it out


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#116 Midas1

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Posted 05 May 2019 - 09:42 AM

P saw your alsi post lower..presume as always npn and alsi mimic..im long on npn..hoping above 3900 rand
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#117 andi222

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Posted 04 May 2019 - 09:11 PM

The stock market will teach you many lessons before you consistently make money.
The most dangerous thing you can do is make a lot of money at the beginning.
That usually leads to recklessness and pure gambling and then big losses in the long run.
Risk control , patience , controlling emotions , sitting on hands most times , only trading when its meets your parameters/setup and using a stop loss is of utmost importance to trading.


Fully Agree. However I'm not a big fan of stop losses.

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#118 Midas1

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Posted 04 May 2019 - 12:54 PM

Ps not gambling type research findamentals
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#119 Midas1

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Posted 04 May 2019 - 12:52 PM

Hear you on all of it..im not reckless at all...made my own money so dont mess with it foolishly snd cool headed...but is learning curve and do research a lot, and realise all traders take hits..its just risk management...my big hit was mrp but im still up overall...since took hit on Aspen after making first time...but reacted quick so limited loss...imp about week ago started drop and pulled my.money out fast ..made on imp yesterday..want get in again there..
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#120 Polly

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Posted 04 May 2019 - 12:36 PM

exact reason why i posted last time about hobby and man on mission...CFDs you need to be on ball and do you own detailed homework for next weeks trading...Its a full time business... You cannot trade cfds as a hobby...The more you put in the more youll get out!!

 

Just another small tip!!

 

The stock market will teach you many lessons before you consistently make money.

The most dangerous thing you can do is make a lot of money at the beginning.

That usually leads to recklessness and pure gambling and then big losses in the long run. 

Risk control , patience , controlling emotions , sitting on hands most times , only trading when its meets your parameters/setup and using a stop loss is of utmost importance to trading. 


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Also tagged with one or more of these keywords: Alsi, top 40, FTSE/JSE


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