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Bypass $500 'minimum marketable parcel'?

Discussion in 'Beginner's Lounge' started by TiminOz, Jan 11, 2019 at 6:50 AM.

  1. TiminOz

    TiminOz

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    Haha Cam, I don't even know what an iSL price is - and neither does google apparently!
    I'm assuming it's the price you would bail out?

    One question: where would one see NEW stocks that might be worth following upward?
    I.E Where would someone have been able to see P03 when it first listed?
    And what are the top criteria one would use to judge if it might rise (quickly)?
    (Even a url would be great!)

    (I was about to apol if it was a dumb Q, but then I realised this is of course the n00b's lounge! :) )
     
  2. TiminOz

    TiminOz

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    Hey Tech that's very interesting - I've always been interested in Buffet's approach but for you that's all irrelevant, and you just chart (I'm assuming) price and volume!
    It's like a whole new world !

    I would like to read up on the stock a little over the rest of the weekend, because:
    1) It would be educational - including any Q&As on the thread here
    (For example, my curiosity has already been piqued to learn what 'consolidation' is, REALLY...I've heard competing views...)
    2) I should do some 'work' myself to receive such kindness from you!
    3) The small chance that even a newbie like me could find something useful about the stock that you all would find interesting

    (Given what we've said about learning something in the process, I do wonder why you feel I might be in 'paralysis'? Is there something I'm missing? Should I be getting right to it?)

    So if it's fine can we hit the GO (or even stop!) button on Sunday night?! :)
     
  3. TiminOz

    TiminOz

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    A SPECIAL THANK YOU: thanks for the spice of life!

    In all sincerity I want to thank TECH/A, my friend and you all for starting this adventure for me.

    Life has been a little humdrum recently, but in the last couple of days, the combination of:

    - the generosity and boldness of Tech's offer, which has definitely been one of those 'restore your faith in humanity' moments
    - the opening up of a whole new vista/world: the stockmarket, a world of possibility and interesting application of one's mind

    ...these two things have given me a big leap in my sense of what's possible in life.

    It's been quite exciting and uplifting for me!
    A whole new world, of possibilities - that is very stimulating to my mind!

    Even if I never involved myself in another trade, I reckon that just watching what this share does over the next few months will add a nice chunk of extra excitement and interest in my life, and will prompt me to learn quite a few things on the way. (It's already doing it! As you can see from my post here!)

    I can see that having something CONCRETE to prompt someone's learning makes a massive difference.

    So thanks TECH! And thanks to my friend and everyone else who has responded!
    You've really added some spice to my life !
     
    Knobby22 likes this.
  4. TiminOz

    TiminOz

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    I LOVE THIS FORUM !

    I also want to thank Joe too actually...I've used ALOT of forums in my life, including ones like Whirlpool and plenty of ones overseas. (Mostly to briefly ask questions, and even occasionally answer one I stumbled across!)

    Even in the very short time I've used this one, it's become the most impressive one I've ever used.

    I love the sincerity, seriousness, thoughtfulness, helpfulness and non-flamey/trolly friendliness of the people...

    (Would it be too Un-PC to say as well: I really feel that some of these qualities are things our Aussie culture has in abundance..)

    (Indeed: I think the general honesty and good naturedness of Aussies is something we could use to our advantage in international markets - as we are already doing with baby milk formula)
     
  5. tech/a

    tech/a No Ordinary Duck

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    Tim
    Any day is fine
     
  6. TiminOz

    TiminOz

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    Thanks for that Tech !
    It turns out that today might not be the best day to finish my research!
    I will post back when I've done it! :)
     
  7. Logique

    Logique Investor

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    Tim, you're looking for a $5 stock to go to $20 in a few years, and you want to buy less than 100 shares.
    Tech's offer is very generous, but may be relied upon
     
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  8. TiminOz

    TiminOz

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    :) Yep, I'm definitely taking it up !

    I just want to do some 'due diligence'/research on P03 as practice/learning before we hit the GO button!

    Now is the time for me to do it, BEFORE we hit go.
    The pressure of doing the research so we can buy before the next major announcement is helping me to get it done.

    Afterwards there will be less psychological salience to it...
     
  9. tech/a

    tech/a No Ordinary Duck

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    Ya reckon?
     
    TiminOz likes this.
  10. TiminOz

    TiminOz

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    Haha well of course I will follow it with great interest,
    but researching all the info is quite a job, esp since it's so technical !

    Tech I can now totally see why you're a chartist ! :p
     
  11. TiminOz

    TiminOz

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    PS What's the best book on charteology then ?! :)

    Or (ideally free) video series?
     
  12. Trav.

    Trav.

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  13. TiminOz

    TiminOz

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  14. Trav.

    Trav.

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    Last edited: Jan 16, 2019 at 4:35 PM
    tinhat likes this.
  15. $20shoes

    $20shoes

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    Trust me, Tim. "Charteology" is as much an Alice-through-the-looking-glass journey as other forms of analysis.

    There are warrens and cul-de-sacs, fast flowing freeways and complete gridlock. And this makes sense if you think of the movement of a security as the sum of all of people's hopes and fears for that stock. And if you think of indexes as the net measure of social mood, you are trading - as much as the price level - the measure of people's biases and herding instincts.

    And people will dispute my definition above which is exactly my point. The market is made of infinite ideas and feelings and ways to exploit movements.

    Its a very interesting journey that has taught me a lot about myself. And it's a journey that continues...

    If you get to the point where you want to trade like you're running a business, reading Van Tharp's "Trade Your Way to Financial Freedom" and following Peter2's trading threads on here is an excellent and educational journey.

    But Robert Miner's "Dynamic Trading is very good too.

    So are the guys and gals on here. Some are seriously good!
     
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