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Note to all you traders and chartists out there..To win in the...

  1. 1,528 Posts.
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    Note to all you traders and chartists out there..
    To win in the long run in the ASX all you can do as a small investor is enter your positions after trying to value the business worth
    Then hold there - holding to yr conviction
    If at a later date (due to earnings statement announcements or changed guidance - you got that wrong.. then sure.. re-evaluate that position), but you are not going to be able to beat "the market" - trying to second guess what billionaires are doing or brokers are telling you, or watching the flows of fundies or big super into this or that stock.
    There are so many obstacles now against clear signalling. HFT, shorts, dark pools you name it..the big end of town will come up with (yet) another way..
    This is entirely why they remain in business.
    If it wasn't that way, wouldn't you think the disruption of online trading, wouldn't have taken them out of business by now?
    Your only advantage over the big end of town is your ability (or lack thereof) of being able to value a stock at any particular time.
    In essence you get your valuation "more" correct than them..
    That is pretty much it IMO
    Just MO
    NA
    Last edited by asxunsullied: 02/07/22
 
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