Short Term Trading (Australia Day) Weekend Lounge: 25-28 Jan, page-64

HA finally a topic i can contribute too!!
Big way to  lose money in the market = investing in bad management !(and believing what you read)

When I first started trading aprox 15 months ago  (yes I am as green as they come) , my biggest loss was from trusting an announcement from management,
The management of a company made an announcement that some assays would be provided to the market by a certain month, this was around about the time of the middle or end of  first lithium wave so any mention of lithium and SP would go up , so I went all in on the premise that ‘assays will be available in november’ a month or two from announcement (some will know this company from that statement)well they never came and aprox 15 months later they still have not arrived!(I am sure there were  none to begin with = straight up conned !) so SP dropped as no assays came so I held the stock for good 10 months or so waiting and waiting for SP to recover only to give up and sell at 35 to 40% loss as capital best used elsewhere!
(half my own fault aswell for buying near the top and a dog stock aswell)

Took me about 6 months of trading to realise not all management is trustworthy and they have many many many tricks at there disposal.

I still cannot believe the shite they get away with !

good link here too !
https://hotcopper.com.au/threads/selmas-day-trading-tips-for-newbies.3364752/HA