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Aberdeenman, page-79

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25/05/16

00:04

Post #: 17857094
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Originally posted by gottalovevmt ↑

Careful Notty.

I have been trading full time for over 16 years and I have the greatest respect for the stock market.

I am grateful for every month that goes by that I keep my nose in front.

If there's one thing that I've learnt over the years, it's that as soon as you think you've got it licked, the market gives you a swift kick up the ass and reminds you of who's boss.

To me, it's like all sports. From time to time, you enter that mysterious mental state called "the zone", where things feel easier than normal. When you're in it, you can't imagine why people think its so hard. Every trade seems obvious.
Sadly, there's a parallel and when you're experiencing that slump, you wonder whether you ever traded well and try as you might, you just can't get the timing right.
The key, is to recognise each period. Reduce your trades and position size when its against you, and increase it when you're hot.

88E is a rare find with a 50/50 chance of commercial success. If it doesn't work, you'll lose most of your money but naturally hold some hope given you'll still have your shares in the company. If it works however, we will all enjoy upside multiples far beyond anything we can imagine.
Any professional gambler would bet heavily on potential like this and today's action suggested that that's well under way.

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If you don't mind me asking, do you stick to the ASX?

88E Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $57.86M

Open	High	Low	Value	Volume
0.2¢	0.3¢	0.2¢	$2.595K	1.271M

Buyers (Bids)

No.	Vol.	Price($)
85	90974037	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	568094960	235

View Market Depth

No.	Vol.	Price($)
77	88971537	0.002
489	1235166325	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	533370945	223
0.004	197358139	117
0.005	111628391	48
0.006	36289234	34
0.007	39505108	24

Last trade - 16.10pm 27/09/2024 (20 minute delay)

88E (ASX) Chart

Aberdeenman, page-79

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Aberdeenman, page-79

Top Stories

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The market's shrugged at China's stimulus measures all year. Why is this one different?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The winners & losers on market if negative gearing were gone

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

ACCC seeks Olam divestments before it can buy Namoi Cotton

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

KalGold rolls out detailed aeromagnetic survey across Pinjin project

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

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News