beginners advice, page-29

  1. 1,136 Posts.
    DYOR , Just do it... Struggle with it at first and then after a while you will know what components of announcements and company information you will use.
    After a time you will have a broader knowledge base on numerous companies and if you are half clever you will figure out what type of announcements and what previously traded volumes represent the investment strategy/ sentiment that best suits you... As well as learning the longevity of a stock if you happen to get caught up in a buy gone bad..
    Stop Losses...If you know very little about the company, use them without compassion.. My stop loss is often a % value based on the likeliness of the company recovering from a particular fluctuation there are a number of variables involved in that so experience will help you develop that one. You will learn how to set your own %'s as it is usually a value closely associated to your resilience to loss.

    Up rampers / Down rampers Take no head unless facts are incorporated. If facts are incorporated check them and cross reference them where you can.
    DYOR you need to find the facts that oppose the ramp. If in doubt, its a gamble... Getting your facts gets quicker the more you practice...

    Fluffy and a few others are pretty good at representing facts in most instances and after a while you'll figure who are and who aren't on the level... No one always gets it right we just try not to go broke in the process of making a little coin..

    Oh yeah, tread carefully but don't forget to have a bit of fun too.

    Here's a tip from your childhood days..
    "If its too big to swallow then chew on it some more"
    DYOR

 
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