definition of a dweeb...

I fear some will never ever make money in the markets...

You can tell by the commnets on here; jumping at shadows, reacting to every noise, every distraction the market throws their way...but always willing to tell us, after the fact no less, that they are the worlds best trader and making fortunes in the market.

lol...yet they continue to trade in $10k lots, stock after stock...after stock!

Surely these people must realise that if they are not increasing their net cash value in the market...CONSISTENTLY...then clearly their amazing capacities must not be doing much good?

Nothing wrong with chasing points by the way...trading swings, etc...I do it all the time myself, but I can't help but laugh at those who's investment views are measured in days and intra-day swings.

Anyway, very happy to have grabbed another 440k so far today at 11.68c av...and whilst bigger than I expected, it is clear this retrace has been at the hands of a larger player net-exiting the stock, no doubt along with the various stop-loss triggers and dweeb traders running for cover.

Just like we saw when the Singaporeans exited and pushed the stock down to the 5's, so too I suepct we have seen a similar push down to current levels...perhaps the last of the old connections finally leaving the building?

I have not "traded" this below 15c...just straight out buys all the way along it's retrace...and now hold more than the directors...lol

For the record, most of those on here who like to assume the term "dweeb" to themsleves are in fact not dweebs at all...strange so many should feel the need to adopt this however?

Dweebs can be recognised from the following antics...

Dweebs buy anything that is "hot"...lol;

Dweebs conduct zero research, other than hitting "refresh" on their account balances every 10 minutes;

Dweebs buy or sell an "investment" based on what the depth is "telling them";

Dweebs get flushed OUT of stocks when they should be getting IN...and get IN to stocks when they should be getting OUT;

Dweebs think "holding for the long term" means selling at the very next half point rise...if they "can get it there";

Dweebs think making $5k is doing well and making $10k on a trade is about as good as it gets...and will always think this;

Dweebs have the memory-span of a retarded mullet, typically forgetting everything even remotely related to the company once their "investment" is half a point under water;

Dweebs refer to $50k trades as "instos" buying...or "the big boys";

Dweebs are constantly forced to sell, or meet t+3...or indeed inflict apon themselves any number of external pressures not in fact related to their "investments" at all;

Dweebs read the paper, particularly the business sections and actually believe what they read;

Dweebs sell and ramp the stock down, without actually knowing the first thing about the stock;

Dweebs buy and ramp the stock up, without actually knowing the first thing about the stock;

Dweebs blame others for their losses;

Dweebs credit all gains to themselves;

Dweebs genuinely think they are skilled in their craft...the fat they do not make consistent and serious money seems to escape them;

Dweebs buy at the open on upwards spike gaps;

Dweebs sell at the open on downwards spike gaps;

Dweebs expect any stock they hold should rise by a minimum of 10% per day...and never ever EVER go down;

Dweebs always wait for others to move first, be it buying or selling, before they do likewise;

Dweebs do not know they are dweebs;

Dweebs never ring the directors of a company they hold stock in...THEIR COMPANY...because frankly, as dweebs they would have nothing to talk about;

Dweebs think logging on to HotCopper is an integral part of their trading day, rather than external to;

Dweebs think research starts and stops on HC;

Dweebs have done the same thing for years...and will keep doing so...never realising their process is not actually working;

Dweebs need to trade every single day...whether it is sensible to do so or not;

Dweebs fail to realise "value" will always win out, regardless of what short-term influences may have a hold of their stock...or their sector...be it up or down;

Dweebs who luck out with a serious gain give it back almost as quickly;

Dweebs have a constant stunned look on their faces...from watching on in amazement and never actually getting it;

Dweebs never ever seem to get above a certain balance in their protfolio...no matter how many times in a day they hit refresh;

Dweebs love to post "I told you so" and/or paint themselves as retrospective heroes;

Dweebs actually believe their own posts;

Dweebs dwell on differences of opinion, or carry little nit-picking grudges...FOREVER!!!

Dweebs accuse others of exactly what they do themselves...but are too dweebish to realise;

Dweebs don't actually seem to understand anything;

Dweebs have to refresh their trading screens every minute because they think paying for live data is too expensive;

Dweebs do not realise how profoundly stupid this is;

Dweebs actually think ramping a stock makes a difference;

Dweebs have really immature nics;

Dweebs will sell at 20c with the view to buying in lower...they then will watch the stock actually fall lower, but will still wait for it to fall lower again...invariably, they will end up buying back in at the same or even higher prices than when they sold...but forget this the next time...and the next;

Dweebs do not understand the first thing about corporate dynamics;

Dweebs think everything that does not result in the price rising is manipulation;

Dweebs always sell at the top...lol;

Dweebs always buy at the bottom...double lol;

Dweebs think everyone actually believes this;

Dweebs have no buy/exit plan...they will worry about that later;

Dweebs buy stock...then read up on it...ON HOTCOPPER...lol;

Dweebs allow all sortsof "stuff" to mess with their heads;

Dweebs will always be dweebs!

Cheers!