Deception and Desperation, page-18

First 18 Last

Share
Profile

Follow
phantom8

885 Posts.

53

04/06/21

12:58

Post #: 53649393
Share

Originally posted by Happytrades: ↑

Look it's good to have an open mind to all possibilities in my opinion.

However, it's relatively simple to spot the selling into an announcement and get out if that is required.

Weakness is seen in up bars and the following bars. If the volume doubles or triples and the price doesn't go anywhere, you can bet it's selling and then take the appropriate action as per your rules, your plan.

The biggest problem most people in the market is failing to act, failing to sell at or near the top of a run and failing to buy at or near at the bottom, however when you get wrong footed you must act. Don't hold a losing hand. People on here that held through the $2.50 highs 3 months ago are still telling themselves they did the right thing, it will soon be $3.00. Now it may well be but it could also be $1 and at some point they will have to act.

As they say best way to make 1 million on the markets is to start with 2 million.

Expand

Originally posted by Happytrades: ↑

Look it's good to have an open mind to all possibilities in my opinion.

However, it's relatively simple to spot the selling into an announcement and get out if that is required.

Weakness is seen in up bars and the following bars. If the volume doubles or triples and the price doesn't go anywhere, you can bet it's selling and then take the appropriate action as per your rules, your plan.

The biggest problem most people in the market is failing to act, failing to sell at or near the top of a run and failing to buy at or near at the bottom, however when you get wrong footed you must act. Don't hold a losing hand. People on here that held through the $2.50 highs 3 months ago are still telling themselves they did the right thing, it will soon be $3.00. Now it may well be but it could also be $1 and at some point they will have to act.

As they say best way to make 1 million on the markets is to start with 2 million.

Expand

that assumes your a trader

if your a long term investor and have owned it at 30 cents then I am entitled to a different view

your opinion is noted and in my view irrelevant

SPL Price at posting: $1.65 Sentiment: Hold Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

AHK

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

SS1

Sun Silver to kick off drilling next week at 292Moz Maverick Springs silver-gold project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

World Gold Council says market in want of catalyst; flags Asia sell-off risks. Then there's Trump

There are more pages in this discussion • 7 more messages in this thread...

First 18 Last

Add SPL (ASX) to my watchlist

(20min delay)
Last 9.4¢		Change 0.001(1.08%)		Mkt cap ! $38.73M

Open	High	Low	Value	Volume
9.4¢	9.6¢	9.2¢	$11.66K	123.7K

Buyers (Bids)

No.	Vol.	Price($)
1	28393	9.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.6¢	2593	1

View Market Depth

No.	Vol.	Price($)
1	28393	0.093
1	247718	0.092
1	48440	0.091
2	80000	0.090
1	400000	0.089

Price($)	Vol.	No.
0.096	2593	1
0.098	19848	1
0.099	630	1
0.100	52000	2
0.105	92396	2

Last trade - 14.37pm 03/07/2024 (20 minute delay)

SPL (ASX) Chart

Deception and Desperation, page-18

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Sun Silver to kick off drilling next week at 292Moz Maverick Springs silver-gold project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

World Gold Council says market in want of catalyst; flags Asia sell-off risks. Then there's Trump

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Deception and Desperation, page-18

Top Stories

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Sun Silver to kick off drilling next week at 292Moz Maverick Springs silver-gold project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

World Gold Council says market in want of catalyst; flags Asia sell-off risks. Then there's Trump

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News