So much sound advice and opinion, in my opinion. I hope everyone...

First 4554 Last

Share
Profile

Follow
dippY22

135 Posts.

92

21/01/22

13:41

Post #: 59041300
Share

Originally posted by Seenitallnow: ↑

I have had a career trading markets professionally and I thought I'd share 35yrs of experience here to help those less experienced retail investors who I know are experiencing a broad range of emotions right now......

1. do not look back at missed opportunities in an emotional way......its pointless.....just remember and learn.
2. if you have done your homework and the investment thesis remains unchanged then take your emotions off the table and put them in a draw. Not everyone can do it but the more you can do it the more successfully you will be.
3. everyday in the market is a new day and its a matter of reading the mood and acting accordingly/appropriately
4. I like to think of each day as a "buy" day a "sell" day or a do nothing day....today is a buy day. Of course with extreme volatility it can change intraday.
5. technical charts do not predict the future but can be a guide to target entry and exit points when the market is range bound...use them judiciously.
6. the sellers today are those who entered for a short term trade and have no real understanding of the fundamentals plus the day traders who smell weakness and are trying to leverage it for their own ends. Think of it in terms of these panic/opportunistic sellers giving long term investors the opportunity to buy more cheaply.
7. Always leave room in your portfolio to buy more and average in....nobody has the ability to "pick a bottom" with 100% accuracy.
8. If you are trapped in a long position above current market levels....hold your nerve...I reiterate, today is a buy day not a sell day....average in or just wait for a sell day.....there will be a better time to sell than today.
9. We are currently facing general market volatility because the market is worried that the Fed will put on the brakes too hard to counter higher inflation.....its the usual sell the rumour and buy the fact IMHO. Everything is circular....if markets weaken too far the Fed will not tighten as hard. Everything is self correcting....time is your friend in markets.
10. Inflation has risen for a number of reasons which are outside the Fed's control......firstly Trumps trade war on China has led to a trend reversal in the globalisation of supply chains and the ensuing focus on bringing supply chains home is naturally inefficient and inflationary...its the reason global trade took off in the first place(as I said before everything is cyclical)....its about comparative advantage...economics 101. The main reason though inflation is higher is because so much demand has been brought forward because of the pandemic....again the Fed will not crush demand because of a pandemic that will end eventually and normal demand patterns will reestablish themselves. These are the reasons the Fed will move cautiously and NOT deliver a hammer blow to the markets which would be counter productive in the long term. Central banks lean into bubbles but move quickly to save jobs and confidence when required.

These are my trading thoughts and doctrines NOT financial advice......I know they work from experience but I'm sure some will think differently.....I hope this just helps somebody today..........good luck all!

DYOR

Expand

So much sound advice and opinion, in my opinion. I hope everyone reads it, understands it, and then ~~trades~~ ...invests accordingly.
The sum total of what you say is the reason that yesterday and todays action for me has been nothing more than a big yawn. Lightbulb for you.

My opinion only. Regards, ....and thanks,....dippY

BRN Price at posting: $1.74 Sentiment: Hold Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

OJC

SPC to merge with Original Juice Co and Nature One Dairy

There are more pages in this discussion • 6,369 more messages in this thread...

First 4554 Last

Add BRN (ASX) to my watchlist

(20min delay)
Last 25.5¢		Change 0.020(8.51%)		Mkt cap ! $500.4M

Open	High	Low	Value	Volume
22.5¢	27.5¢	22.0¢	$8.399M	33.52M

Buyers (Bids)

No.	Vol.	Price($)
6	338805	25.5¢

Sellers (Offers)

Price($)	Vol.	No.
26.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
6	338805	0.255
15	429045	0.250
13	731308	0.245
9	88244	0.240
6	93087	0.235

Price($)	Vol.	No.
0.260	10000	1
0.265	231580	5
0.270	636408	10
0.275	501185	11
0.280	1156121	31

Last trade - 16.10pm 02/10/2024 (20 minute delay)

BRN (ASX) Chart

So much sound advice and opinion, in my opinion. I hope everyone...

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

SPC to merge with Original Juice Co and Nature One Dairy

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

So much sound advice and opinion, in my opinion. I hope everyone...

Top Stories

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

SPC to merge with Original Juice Co and Nature One Dairy

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News