10 mistakes hc traders make.....

1. Not realizing there are more agendas than ‘I’m here to help you make money’, and consequently getting caught out by ramps from different ‘contributors’.

2. Thinking that the more posts a company has means that there must be something to the company.

3. Thinking that the more posts a contributor has means they know something about share-markets.

4. Thinking that just because certain ‘contributors’ get away with it means that you will get away with it.

5. Relying on research of hotcopper contributors.

6. Thinking that ramps are little more than a single ‘contributor’ going ‘it will go to x dollars by next week!’. Most ramping on Hotcopper is far more sophisticated, and the existence of ‘simple rampers’ only disguises the fact that most ramping is much more intricate.

7. Thinking that ramping is only ‘up-ramping’ – it is also ‘down ramping’ as well.

8. Thinking that what is written on Hotcopper has an influence on sharemarkets. Better to say what happens to sharemarkets has an influence on what is written on Hotcopper.

9. Getting caught up in the back and forth ‘abuse games’ that goes like a tennis match every day on hotcopper. A good trader hasn’t the time nor inclination to engage in games, and will only point out ramping to the forum, or defend themselves from attack.

10. Yours to fill in.