KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-3635

  1. 4,712 Posts.
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    I respect the tidy profit you've made and i havent got the recollection or admitedly knowledge of just how much due diligence vs luck played - so have taken it at face value: good work. But I'll disagree still with your comments on general risk - there is a huge portion of people who havent got a true clue of risk. You see them every day on hot copper and Facebook groups are full of em. The good times have brought a heap of first timers out of the woodwork. People will agree with risk at face value but how many truly understand position sizing, diversification and good / bad decisions from a risk reward point of view? A decision may be right from a risk reward pov but in the current climate where everything goes up 10 fold its easy for newbies to mistake a decision which paid off handsomely but may have been a terribly weighted risk:reward proposition in more "normal" times in the equity market. We're talking about disjointed equity markets where the local GME stock gets mistaken for gamestop in the US and skyrockets.

    while your undertakings are applaudable i still disagree that we turn a blind eye on the assumption everyone knows what they're doing. It's only when things go wrong and people lose a shizz load of money does anyone stop to ask what more could be done. There are a heap of new posters since the new highs hanging on new announcements and "should i get in now" sentiment. Im not saying dw8 is a no go as indeed as Steve pointed out fundamentals may indeed warrant a Disallowed. But challenge these individuals where in their valuation model they see this worth, or alternatively what technical analysis warrants an entry and i bet you .a high portion would be clueless. And i dont mean pasting a barcharts.com TA "strong buy" signal or simply wall st snapshot. Dig deeper and ask for their exit strategy and/or stop loss system and eyes will glaze over. Why? A high portion are uudtjust here because people are making money and the positive "mindset" you speak of is enough reason to jump in. You may have done the due diligence but many have not - maybe it sounds like preaching to the choir to many (yourself included), but it may very well save someone from a terribly ill informed decision gambling on some other speccy.
 
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