Forgot to add 1 more important point in trading, IMO. From my own experience, and where I have misread signals in the past, is understanding and knowing the difference between selling for profit, and selling out completely. Many traders, make trading mistakes here, and can lose big dollars. For speccas, IMO, it is all based around NEWS out from ANN"s and how the market responds.
I f we look at our SH 1 and 2 you will see they have been LT patient holders, and have simply made a decision to get profit while they are way ahead, but still hold a percentage. (
Selling out for Profit/repositioning) They have simply repositioned on the T20. You will also notice that they seem to have kept their shares for sale at higher levels on the SELL queues and do not appear to have followed the price down until everything was gone. (S
elling out completely/dumping stock)
Just some observations guys. So take your time and DYOR.
An interesting fact...
https://www.investopedia.com/articles/active-trading/053115/average-rate-return-day-traders.asp
The research showed that while high-volume traders were sometimes able to earn gross profits, the profits were usually not enough to cover transaction costs. In a typical six-month period more than 80 percent of day traders lost money, and only 1 percent of them could be called predictably profitable.
May 31, 2015
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