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#1 Polly

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Posted 21 July 2019 - 06:49 PM

Posted this on the cfd thread..mental state of investing for newbies!!

 

This post was done purely to help newbies from a psychological / mental point of view for investing and trading...had no reference to any one share or any person on this thread..

 

But if your read it carefully you will pick up a lot of resemblances to the PS thread????

 

 

Not posting any cfd charts this weekend but would like to focus on the mental state of investing/trading .

For some maybe not as fun as analyzing the charts but in my opinion far more important.Some here may have heard that as humans we are not wired to be good investors. As a matter of fact , due to being such emotional creatures being rules by fear , panic and greed....The Markets extreme volatility is our own behavior of uncertainty , acting on emotions , gambling and being totally irrational.

 

In investing you are your own worst enemy. IMO unprofitable investors are easily spotted by a number or traits which i will discuss / explain later. 

 

Why is what im doing here / showing usefull? Well one of the ways to become profitable is to find a very few successful ones and learn from them.

 

Lets start: 

 

One of the most important traits of a successful  investor/ trader  who is consistently profitable is that he possesses the ability to think in the opposite extremities. Basically a bipolar analysis . Why is this important? 

 

1.F Scott Fitzgerald once said " The test of a first rate intelligence is the ability to hold 2 opposite ideas in the mind at the same time and still retain the ability to function"

2. Another strong quote in the field on investing that is used often by very consistent investors is "  Strong Opinions , weakly held"

 

So many investors have downfalls because they  believe the narrative  and fall in love with their analysis. When newbies speculate in assets like the shares  or cryptocurrencies  you will rarely see " the ability to hold two opposed ideas" from such investors. same could be said of those investors chasing super high growth shares or investing in the next Silcon valley startup.

 

They are part of a cult   . True believers who will never ever bother analyzing the other side of the bet.

Another undesired trait in the field of investing is the so called " Illusion of validity" Basically everywhere you look , you only see what want to see. . No matter what is going on , they spin a positive bullish view. And of cos yes , its business for them . Positive news attract more attention and attention in social media = income ( advertising etc. This is their job ( seeking alpha comes to mind)

 

However as a newbie investor , you have to have an open mind . You should not fall into a perma bull nor perma bear state.

During every expansionary period there are plenty of reasons to worry. This is why they say markets climb on a wall of worry. Worrying is fine but entering a state of perma siding , the illusion of validity , or in plain simple english ...only seeing negativity in a bull market or vise versa , this could be very hazardous to your state of mind. For the newbies it could even mean NEVER reach profitability. 

Moving along , another sign of an inexperienced investors or newbie is when you see them  talking up their book. They fall in love with this so called fast growing company they own or precious metal or digital currency and they believe it has better technology or growth than any of the others. This refers to the term " Strong Opinions weakly held" 

 

D0 not fall in love with any of your investments , precious metals or crptos.  These investments will never love you back. Only and only believe in the story  and narrative for as long as the price moves in the right direction.  But when the bull market ends , or liquidation occurs , and when judgement day arrives as it has during all the previous cycles , the market darlings always disappoint you the most!!!!!

 

Those who fall in love with their investment book and forget about that RISK  MANAGEMENT  is more important than LOVE , they will be the most heart broken.

 

Another factor or mindset hazardous to your success and profitability is anchoring or single factor decision making.  In plain English  one piece of information that you have a bias towards and you let it effect your total decision making.....instead of taking onboard everything in front of you.

 

The their is the bias blind spot. This happens with more advanced investors.  Simple example here.. You may investors here who have been correctly bullish during the bull market. They will then taunt the perma bears , laugh at them , poke fun at their research  and totally ignore what the bears have to say. That works until it doesnt and when judgement day arrives for the bull market  , bears will have the last laugh. Basically these bears who are quite smart have been consistently wrong during the bull market , the person ( bull)who suffers from bias blind spot will eventually fail to heed the important message from the bear research or advise. hence when investing keep an open mind at all times.

 

In group bias is another form of not having the ability to entertain both sides of the coin, bipolar thinking and being open minded. eg the group of friends you keep or a particular forum you post in or the people you follow on twitter may all follow and talk the same share , indexes crypto etc

My advise is to follow as many people who you disagree with , that you also follow who you agree with.Make your social media or forum feed balanced . You dont need so called " YES MEN" around you giving you confirmation bias all the time.

Let someone experienced  challenge your book and narratives you hold , the investment themes and ideas that think you will florish forever ( probably wont). So its very healthy to see the other side fo the argument.

 

Your job as an investor/trader is not to be right but to be PROFITABLE. Those people who you disagree with will help you apply risk management juts in case they are right and you are wrong. After all the primary job of an investor or trader is NEVER to lose money . Just ask Mr Buffet

 

Then you have the curse of knowledge or the so super IQ. You have people who think they are so smart they think they can beat the market and outsmart it . Always remember the old saying on wall street " Markets are never wrong , people often are". The curse of knowledge is apparent with those who come from other high level professions and have been tasked with becoming  profitable in the game of investing/trading where markets and things are not rational and are based on emotions of fear and greed!!! Dentists , surgeons , doctors , mathematicians , lawyers , inventors and your everyday genius tend to have this curse go against then very very frequently. Furthermore we have seen some of the smartest hedge fund managers blow up their accounts betting against recessions , betting against countries like china or japan , betting against weather etc..Majority of them fail at investing.

 

 

to be continue ...

 

 

 

Then we have expectations vs reality...Social media , forums etc is like posting illusions of how things should be. What you do in private will get the recognition public. Its about time and effort. Many people underestimate the amount of time and effort that it takes to be a good investor/trader. Social media and forums  are a double edged sword.  One group will make success  or being profitable look easy while others will really dsiplay what it takes. Do yourself a big favour and follow the right people for a real look.

Ill quote my previous advise here from another thread :

 

"Don't ever get discouraged by other peoples success, no one is showing their failures online unless they posting their actual trades..!!!! "

 

And then every investor/ trader  will eventually go through some wining streak . Sometimes it will feel as if whatever we touch turns to gold. For the experienced  investor/trader , they will understand where this phrase comes from  and goes , so they wont be phased much.  However for the newbies , they will enter what i call the overconfidence effect. They think they are the chosen ones..There system of picking stocks , their timing , their strategy and asset allocation model is far superior.  They will claim they have got the holy grail. 

These hot streaks as i call is usually apparent when they are trading on the right side of the trend ( bull in a rising bull market)...unlike catching tops and bottoms ....wont last forever. The moment the market changes direction, their  total inexperience in  bear markets  blows thier accounts and turns them away from trading/investing all together.  The recent bias has been a full blown  bull market going on and on. The newbies having entered into this system with a view that what has worked recently has always worked throughout history  and will continue to do well in the future. However experience is important . Events that may not have occurred in our lifetime may suddenly appear again. So it is very important to learn from history. 

Those who cannot learn from history are doomed to repeat it! Note thier have been 3 important stock market crashes from 1984 to 2008 with a fully blown bear market around 2006. very few here would have experienced this as im talking to newbies here.

 

That should be about it..I hope sharing some of my knowledge and own experiences in the investment/trading game helps you become better traders/investors

 

We are our own worst enemy. So maybe the important questions in investing is not about what is the valuation ? What is net asset value? is the trend bearish or bullish? Whats the target after the breakout? What wave are we on following EW?  BUT how well do you really understand  yourself? How well can you control your emotions? 

 

In my mind at all times....

1. no falling in love with a story , narrative, investment theme ....

2. having a conviction and strong opinions but holding them as a weak hand ...

3.not being a perma anything...

4. not trusting a single factor or having a bias towards one data...

5. being mindful of the way research analysis frame their ideas and mislead us...

6. making sure i dont have a blind sport.... best done by reading material of those who you disagree with which makesit very healthy in decision making.

7. not being part of any one group ...gold bugs, hedge fund wannabees , failed investors turned philosophers, yes group threads/forums, if ,  but ,hope and Waiters groups,  groups that mislead , change wave counts to suit their opinions , groups that insult, name call and character assassinate any alternative views,  after the event groups showing winning trades etc...

 

 

Finally ill repeat again.....You are your worst enemy.Your job as an investor/trader is not to be right, but to make money and be profitable!!!!!!!


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#2 Polly

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Posted 21 July 2019 - 01:41 PM

Posted this on the cfd thread..mental state of investing for newbies!!

 

This post was done purely to help newbies from a psychological / mental point of view for investing and trading...had no reference to any one share or any person on this thread..

 

But if your read it carefully you will pick up a lot of resemblances to the PS thread????

 

 

Not posting any cfd charts this weekend but would like to focus on the mental state of investing/trading .

For some maybe not as fun as analyzing the charts but in my opinion far more important.Some here may have heard that as humans we are not wired to be good investors. As a matter of fact , due to being such emotional creatures being rules by fear , panic and greed....The Markets extreme volatility is our own behavior of uncertainty , acting on emotions , gambling and being totally irrational.

 

In investing you are your own worst enemy. IMO unprofitable investors are easily spotted by a number or traits which i will discuss / explain later. 

 

Why is what im doing here / showing usefull? Well one of the ways to become profitable is to find a very few successful ones and learn from them.

 

Lets start: 

 

One of the most important traits of a successful  investor/ trader  who is consistently profitable is that he possesses the ability to think in the opposite extremities. Basically a bipolar analysis . Why is this important? 

 

1.F Scott Fitzgerald once said " The test of a first rate intelligence is the ability to hold 2 opposite ideas in the mind at the same time and still retain the ability to function"

2. Another strong quote in the field on investing that is used often by very consistent investors is "  Strong Opinions , weakly held"

 

So many investors have downfalls because they  believe the narrative  and fall in love with their analysis. When newbies speculate in assets like the shares  or cryptocurrencies  you will rarely see " the ability to hold two opposed ideas" from such investors. same could be said of those investors chasing super high growth shares or investing in the next Silcon valley startup.

 

They are part of a cult   . True believers who will never ever bother analyzing the other side of the bet.

Another undesired trait in the field of investing is the so called " Illusion of validity" Basically everywhere you look , you only see what want to see. . No matter what is going on , they spin a positive bullish view. And of cos yes , its business for them . Positive news attract more attention and attention in social media = income ( advertising etc. This is their job ( seeking alpha comes to mind)

 

However as a newbie investor , you have to have an open mind . You should not fall into a perma bull nor perma bear state.

During every expansionary period there are plenty of reasons to worry. This is why they say markets climb on a wall of worry. Worrying is fine but entering a state of perma siding , the illusion of validity , or in plain simple english ...only seeing negativity in a bull market or vise versa , this could be very hazardous to your state of mind. For the newbies it could even mean NEVER reach profitability. 

Moving along , another sign of an inexperienced investors or newbie is when you see them  talking up their book. They fall in love with this so called fast growing company they own or precious metal or digital currency and they believe it has better technology or growth than any of the others. This refers to the term " Strong Opinions weakly held" 

 

D0 not fall in love with any of your investments , precious metals or crptos.  These investments will never love you back. Only and only believe in the story  and narrative for as long as the price moves in the right direction.  But when the bull market ends , or liquidation occurs , and when judgement day arrives as it has during all the previous cycles , the market darlings always disappoint you the most!!!!!

 

Those who fall in love with their investment book and forget about that RISK  MANAGEMENT  is more important than LOVE , they will be the most heart broken.

 

Another factor or mindset hazardous to your success and profitability is anchoring or single factor decision making.  In plain English  one piece of information that you have a bias towards and you let it effect your total decision making.....instead of taking onboard everything in front of you.

 

The their is the bias blind spot. This happens with more advanced investors.  Simple example here.. You may investors here who have been correctly bullish during the bull market. They will then taunt the perma bears , laugh at them , poke fun at their research  and totally ignore what the bears have to say. That works until it doesnt and when judgement day arrives for the bull market  , bears will have the last laugh. Basically these bears who are quite smart have been consistently wrong during the bull market , the person ( bull)who suffers from bias blind spot will eventually fail to heed the important message from the bear research or advise. hence when investing keep an open mind at all times.

 

In group bias is another form of not having the ability to entertain both sides of the coin, bipolar thinking and being open minded. eg the group of friends you keep or a particular forum you post in or the people you follow on twitter may all follow and talk the same share , indexes crypto etc

My advise is to follow as many people who you disagree with , that you also follow who you agree with.Make your social media or forum feed balanced . You dont need so called " YES MEN" around you giving you confirmation bias all the time.

Let someone experienced  challenge your book and narratives you hold , the investment themes and ideas that think you will florish forever ( probably wont). So its very healthy to see the other side fo the argument.

 

Your job as an investor/trader is not to be right but to be PROFITABLE. Those people who you disagree with will help you apply risk management juts in case they are right and you are wrong. After all the primary job of an investor or trader is NEVER to lose money . Just ask Mr Buffet

 

Then you have the curse of knowledge or the so super IQ. You have people who think they are so smart they think they can beat the market and outsmart it . Always remember the old saying on wall street " Markets are never wrong , people often are". The curse of knowledge is apparent with those who come from other high level professions and have been tasked with becoming  profitable in the game of investing/trading where markets and things are not rational and are based on emotions of fear and greed!!! Dentists , surgeons , doctors , mathematicians , lawyers , inventors and your everyday genius tend to have this curse go against then very very frequently. Furthermore we have seen some of the smartest hedge fund managers blow up their accounts betting against recessions , betting against countries like china or japan , betting against weather etc..Majority of them fail at investing.

 

 

to be continue ...


Edited by Polly, 21 July 2019 - 01:44 PM.

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#3 Polly

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Posted 19 July 2019 - 01:43 PM

only reaon i can think of is either Mr Market completely " HATES" this share or they manipulating the price... :D

or maybe Mr Market does not really know everything after all...

 

Its missing out on info by the 3 so called gurus on the " Sharechat Forum"

 

Maybe someone should inform this info to Mr Market!!!

 

Senseless repeating posting same info on how good this share is in the other thread..Inform Mr Market!!  ;)

 

Im sure he will listen to any " TIPS"  :)


Edited by Polly, 19 July 2019 - 01:48 PM.

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#4 Investment novice

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Posted 19 July 2019 - 10:52 AM

Majot concern that restructuring may be delayed or fail.
Also concermed that the debt to equity swap is difficult to price.
And legal battles unquantified.
If the above is true will see sustained uptrend follwoing a succesful restructuring process

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#5 Polly

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Posted 19 July 2019 - 09:24 AM

last two days all markets running wild...our retailers busting out through the roof...Why is the PS flat to red??

 

mmmm....

only reaon i can think of is either Mr Market completely " HATES" this share or they manipulating the price... :D


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#6 Polly

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Posted 19 July 2019 - 09:17 AM

last two days all markets running wild...our retailers busting out through the roof...Why is the PS flat to red??

 

mmmm....


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#7 Polly

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Posted 16 July 2019 - 03:06 PM

This share has had AMPLE opportunity to break its all time low. So far.....

 

Take this exert from the Going Concern conclusion. When I read this, my initial thought was 'oh f@k, there goes my money' 

 

The Management Board draw attention to the following facts:

(i) the Group’s current liabilities exceed current assets; and

(ii) that these material uncertainties extend beyond the foreseeable future. These facts therefore cast significant doubt upon the Company and Group’s ability to continue as a going concern beyond the foreseeable future

 

But..... this share persists. I believe this share is teetering on a knife edge at this price. Yes, mainly due to Pepkor and in some respects, a slight glimmer of hope RE: MF. 

 

However that goes with saying that I do not believe we have seen the bottom of this share. (should litigation take a turn for the worst) 

 

Let me ask you this... Let's say, CVA is finalized, restructuring is agreed upon, and SNH can start slowly rebuilding. and then a big IF, all large scale claims are dropped / settled in a way the market deems fair. You'd still not give this share the light of day? Equity wise. 

 

FWIW, I'm not looking for guidance this particular post, I am confident with my position, just for conversation's sake. 

Of cos anything can happen...No one can predict the future...But in my opinion too tall an ask...Just too much going against it!! and the very first thing that will give it a hangover for years to come is " a clean audit opinion"    ..that could take as in the other forums opinion....at least 10 years...

 

Will they survive that long?? cant see it...They continue to burn cash at an alarming rate daily with those specialist advisory fees , top notch specialists employees taken in , legal fees etc....Just cant see it in this tought economic environment!!!

 

and BTW CW is one old sly fox....He wants the PS to survive and share price to rally...he is supporting it all the way...and then...bang in comes his claim out of the blue when they in the road to recovery!! 


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#8 new john

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Posted 16 July 2019 - 02:27 PM

At what price?

Normally they say dont chase good money after bad money...

IN the case of the PS , its more like no money chasing bad money!!!

 

IMO the true value of the PS is 0...Mr Market is generous because of Pepkor Arica which is the only sub thats has value...All others valued at NIL by the market.

 

IF CW gets his way , that will go too and then back to 0

 

This share has had AMPLE opportunity to break its all time low. So far.....

 

Take this exert from the Going Concern conclusion. When I read this, my initial thought was 'oh f@k, there goes my money' 

 

The Management Board draw attention to the following facts:

(i) the Group’s current liabilities exceed current assets; and

(ii) that these material uncertainties extend beyond the foreseeable future. These facts therefore cast significant doubt upon the Company and Group’s ability to continue as a going concern beyond the foreseeable future

 

But..... this share persists. I believe this share is teetering on a knife edge at this price. Yes, mainly due to Pepkor and in some respects, a slight glimmer of hope RE: MF. 

 

However that goes with saying that I do not believe we have seen the bottom of this share. (should litigation take a turn for the worst) 

 

Let me ask you this... Let's say, CVA is finalized, restructuring is agreed upon, and SNH can start slowly rebuilding. and then a big IF, all large scale claims are dropped / settled in a way the market deems fair. You'd still not give this share the light of day? Equity wise. 

 

FWIW, I'm not looking for guidance this particular post, I am confident with my position, just for conversation's sake. 


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#9 Polly

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Posted 16 July 2019 - 02:01 PM

. And my experience / limited knowledge leads me to believe that the price is on the basis that SNH is able to squash most of the “worst case scenario” claims.

I

 

At what price?

Normally they say dont chase good money after bad money...

IN the case of the PS , its more like no money chasing bad money!!!

 

IMO the true value of the PS is 0...Mr Market is generous because of Pepkor Arica which is the only sub thats has value...All others valued at NIL by the market.

 

IF CW gets his way , that will go too and then back to 0


Edited by Polly, 16 July 2019 - 02:01 PM.

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#10 Investment novice

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Posted 16 July 2019 - 11:49 AM

Cva and finalisation is still a massive uncertainty. Creditors may play hard ball and not sign off and drag this on...this is a massive issue for snh
Litigation ofcourse itself is unquantifed and also a massive risk but here we think snh has no choice but a settlement probably share allocation and further dilution. Many years of court cases and interesting to see if snh goes after auditors etc...


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#11 Lionelza1

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Posted 16 July 2019 - 11:37 AM

Good views, some were waiting for results for the run up, hasn't happened, some now waiting on the 20days, am guessing pattern will be same, pump and dump

So the run up as most are expecting will only start happening when the uncertainties are progressed in steinhoffs favour?
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#12 Polly

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Posted 16 July 2019 - 11:30 AM

Wouldn’t necessarily say “whacked”. Price is correcting itself to what the market deems it’s worth is. Release of results just shook things up a bit but everything reported was already baked into the price even before its release.

Each and every time we believe we must “wait for this” and the price will start moving or “once this is released” we should see movement. I tend to disagree. Mr Market (not a term coined by anyone in this forum BTW) has decided what the price will be here. In terms of future earnings, liquidity, balance sheet ect

However..... the question is..... how much “punitive damage” resulting from claims to the company is baked in to the price. And my experience / limited knowledge leads me to believe that the price is on the basis that SNH is able to squash most of the “worst case scenario” claims.

It’s with that in mind that I’m not TOO concerned about the CVA as IMO the price is already based on its implementation. As well as the restructuring.

My concern and basis on which I’ll be adding anything is on the release of news regarding the Litigation aspect of this share.

I do not claim or believe to be anything CLOSE to an expert on this matter. My opinions are based on what I read and my understanding thereof so PLEASE feel free to challenge my thoughts.

I, much like a lot of people on this forum, stalker or otherwise, WANTS to believe this share will go up. And ultimately profit as a result. So with that in mind, if what I’ve said above is total and utter bullnonsense, I’d appreciate constructive criticism.

 

Thats a good reading of the market NJ..

 

market hates uncertainty...and this share is full of them...

 

Obviously litigation is one of the uncertainties...but not the only!!

 

 

 

 

 

Institutions buying??Dont really think so...IF you follow price every bounce has been taken down...Meaning in my opinion institutions trapped in here are actually selling their holdings on any price strength...Whos buying then? reckon mostly the  gamblers only!!

 

Back to my bull/bear line....Price below so short any bounce is name of game until further notice!!!!


Edited by Polly, 16 July 2019 - 11:32 AM.

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#13 new john

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Posted 16 July 2019 - 11:17 AM

Wouldn’t necessarily say “whacked”. Price is correcting itself to what the market deems it’s worth is. Release of results just shook things up a bit but everything reported was already baked into the price even before its release.

Each and every time we believe we must “wait for this” and the price will start moving or “once this is released” we should see movement. I tend to disagree. Mr Market (not a term coined by anyone in this forum BTW) has decided what the price will be here. In terms of future earnings, liquidity, balance sheet ect

However..... the question is..... how much “punitive damage” resulting from claims to the company is baked in to the price. And my experience / limited knowledge leads me to believe that the price is on the basis that SNH is able to squash most of the “worst case scenario” claims.

It’s with that in mind that I’m not TOO concerned about the CVA as IMO the price is already based on its implementation. As well as the restructuring.

My concern and basis on which I’ll be adding anything is on the release of news regarding the Litigation aspect of this share.

I do not claim or believe to be anything CLOSE to an expert on this matter. My opinions are based on what I read and my understanding thereof so PLEASE feel free to challenge my thoughts.

I, much like a lot of people on this forum, stalker or otherwise, WANTS to believe this share will go up. And ultimately profit as a result. So with that in mind, if what I’ve said above is total and utter bullnonsense, I’d appreciate constructive criticism.
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#14 Lionelza1

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Posted 16 July 2019 - 09:52 AM

Day 3? still getting whacked, so half year report not doing it... It is all the concerns re. Litigation etc?
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#15 Polly

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Posted 16 July 2019 - 08:54 AM

Found another site that is even cleaner:

 

https://uownit-sa.co...resh-tra-la-la/

 

Who is it that wants you to associate them with 'the market' ?

 

clue: tells what its indicators are saying but refuses to tell you how to set up the indicators so that you can do the same

clue: goes on about the market is always right and that you all know nothing

 

clue: famous for putting the kettle on

 

answer will be posted in the lost and found section of the Sowetan next shrove Tuesday 

 

Johnny still fishing....you wont see it till doomsday..

 

didnt u say computer generated....and done by a broker to weed out retail...

 

carry on guessing...in your dreams !!!!


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#16 Snippit

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Posted 16 July 2019 - 08:38 AM

Found another site that is even cleaner:

 

https://uownit-sa.co...resh-tra-la-la/

 

Who is it that wants you to associate them with 'the market' ?

 

clue: tells what its indicators are saying but refuses to tell you how to set up the indicators so that you can do the same

clue: goes on about the market is always right and that you all know nothing

 

clue: famous for putting the kettle on

 

answer will be posted in the lost and found section of the Sowetan next shrove Tuesday 


Edited by Snippit, 16 July 2019 - 08:39 AM.

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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#17 Lionelza1

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Posted 15 July 2019 - 01:02 PM

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6 members, 3 guests, 0 anonymous users



so much for Polly , Lionel and Tom being the same person..

all online at once!!

Wasted again!!!

He lied about having different aliases and so expects that behavior from others
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#18 Lionelza1

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Posted 15 July 2019 - 01:01 PM

Lionel or Motivated who was thinking of going back in or averaging:

Look at the lilac serrated line...+-R1.79...

This is the bear/bull indicator using my system for medium term...

In other words i will only go long or add if R1.79 breaks to upside..
Otherwise as price below that serrated line , my system says short any bounce!!!

PS : Doesnt mean im right....just pointing out what my system saying and trying to help newbies!!


Sure thanks P... I won't buy this share again, personal choice... Just intereated from a business point of view how they go forward and how Mr Market reacts
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#19 DayTraderDad

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Posted 15 July 2019 - 12:14 PM

 

DTF im  not interested in attracting an audience as much as I am interested in being honest with those who do follow me . I’ll leave the puffery , lies , misinformation , insults  and feel good bullxxx to the rest of the Gurus. My posts are my personal journal in a way ...

 

Been told not to reply your bullxxxx any more...have  a good day and continue the bullxxxx.......

 

 

PS :  Quick Newsflash:

 

The market is never wrong.  Never ever ever wrong.  The market knows everything. You know nothing. If you do know something, the market knew it a long time ago. Therefore, what you think here does not matter. 

 
You may now go back to enjoying ur weekend with that green beer.....!!!!

 

Excellent thank you for stop insulting me much appreciated. 

 

Let me leave you with the reality of the market:

 

https://money.cnn.co...ding/index.html

 

Machines are driving Wall Street's wild ride, not humans

Wall Street's recent wild ride isn't driven by nervous portfolio managers, retirees looking at their 401(k) statements or any other human traders.
Instead, machines are making the trading decisions.
 
"Computer programs execute buy and sell orders based on complex algorithms and formulas, without a human involved in the process.
 
On a typical trading day, computers account for 50% to 60% of market trades, according to Art Hogan, chief market strategist for B. Riley FBR. When the markets are extremely volatile, they can make up 90% of trades."

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#20 Polly

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Posted 15 July 2019 - 11:51 AM

Haha 9 browser open logged in with different identity does it!!! So you not fulling me!!!!

DTF im  not interested in attracting an audience as much as I am interested in being honest with those who do follow me . I’ll leave the puffery , lies , misinformation , insults  and feel good bullxxx to the rest of the Gurus. My posts are my personal journal in a way ...

 

Been told not to reply your bullxxxx any more...have  a good day and continue the bullxxxx.......

 

 

PS :  Quick Newsflash:

 

The market is never wrong.  Never ever ever wrong.  The market knows everything. You know nothing. If you do know something, the market knew it a long time ago. Therefore, what you think here does not matter. 

 
You may now go back to enjoying ur weekend with that green beer.....!!!!

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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”






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