PV1 3.85% 2.5¢ provaris energy ltd

news coming?, page-23

  1. 3,089 Posts.
    and I should have added that I have employed short term trading strategies in 2 Perth Basin/North Perth Basin companies with shares measured in the Billions - and during the 2010 and 2011 years, made money on both companies.
    So I guess another thing to consider is your strategy.

    However, since high frequency trading and the big broker firms have upped the anti with these strategies, I have changed to a long term only trading strategy - and this is why I am invested in TTE. i.e. long term, imo, it has 'winner' written all over it. Short term though, we are exposed to the clowns who have been playing with the TTsp in recent months - and no doubt costing many short term traders the very shirt off their backs. There should be a law (literally) against high frequency trading, imo, but until ASIC and the ASX wake up to what is happening to the average retail investor and / or, actually begin to protect retail investors and punish the big broker firms, it might be a lot safer to stay in cash, as (imo) these high frequency traders have no moral compass whatsoever.....just watch documentary movies such as 'Inside Job' to get an idea of what you are up against. If you have not seen it, you will be horrified. Fundamental research and long term strategies are the only hope of overcoming the predators, imo.

    All the above is my personal opinion and not investment advice, just personal experience advice. DYOR.
 
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