1 How not to get burnt on hot money -trades... In my opinion...

1 How not to get burnt on hot money -trades...

In my opinion when investing on the Australian Scammers eXchange (ASX) you should never believe the story and always assume the business is a scam until proven otherwise.


I know family and friends of directors that became very rich investing in companies that eventually went down the drain.
They obviously sold, therefore they did not believe the 'story', why should I or anyone else believe the 'story'.
DO NOT believe the story.

On speculative stocks, even if you want to hold some long term, have a trading parcel and learn to buy and sell on the way up and on the way down. Do not expect to sell at the top and do not expect it to go back up to the top again.

Most companies listed on the ASX do not make money, why are they listed ?, what is their intention?, in my opinion their intention is to scam the unwary investor.

The ASX is a great place to invest if you know how to play the game.