ASX 0.25% $63.93 asx limited

on any given day you can make a few grand, page-15

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    lol...

    Seems someone has just graduated trading kinder...after obviously being forced to repeat for years...and years...I wonder how long it took to get to grade 1?

    Jokes aside Sandybeaches...please tell us why you picked these stocks...seriously, for the sake of those who may be foolish enough to employ your methods.

    Is there not about 24 other things you have failed to mention when it comes to picking such stocks?

    I mean...what about the actual companies themselves, their assets, their sector, their management...their CASH POSITION...I mean, without a basic understanding of these few simple issues, what you are advising is just plain dangerous.

    You may pick 5...10...even 20 good ones in a row relying on luck...but it only takes one disaster to wipe out all your previous gains.

    The market has virtually forgotten what it means to see a stock go into a trading halt...and to see "administrators appointed" come out the other side. In the years ahead...we will see plenty of these reappear.

    Look at the charts for SWC in the days prior to entering administration...same with MXS, TNC...in fact many small cap disasters show significant buy signals at many levels just before they finally fall off their mortal coils!

    Seriously...and this is not personal...I think your "abc" trading advice is some of the most dangerous I have ever seen posted on this site...and I shudder at the thought I people actually employing it in the current climate.

    I would have hoped after all these years...you are not still relying on such "trading" techniques to make a living...this may be how we all start as juniors, or return to for honing our skills from time to time...but not something a seasoned veteran with years of trading success under out belts should be basing our livelihoods on.

    Don't get me wrong...what you suggest is a viable approach...but you have only provided everyone with some 10% of what is needed in terms of decision making for such a selection process.

    I fear you are leading many to their dooms.

    One more thing on ramping...since when is detailed reasoning, where the reader is furnished with enough information to actually arrive at a decision about ones views, or indeed go off and research for themselves, considered as blatant ramping?

    I would have though most of your recent posts on NDO would be considered perfect examples of unsubstantiated ramping.

    lol

    Perhaps I am wrong?

    Cheers!
 
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