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Dump it Here

Discussion in 'Beginner's Lounge' started by Skate, Dec 17, 2018.

sentifi.com

Aussie Stock Forum Sentifi Top themes and market attention on:

  1. Skate

    Skate

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    Risk
    Risk is all about surprises that can spoil the party.

    Skate.
     
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  2. rogue1

    rogue1

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    When you look around a poker table, if you can't tell who the sucker is, it's you..!
     
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  3. Skate

    Skate

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    @rogue1 when you 'like' one of my posts (I encourage you to 'like' as many as possible) I get an "Alert" and those 'Likes' gives me a direction for future posts.

    Meaning
    I would rather post on subject that others find interesting rather than what interest me.

    Skate.
     
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  4. rogue1

    rogue1

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    This thread title reminds me of the advice Dr Spooner gave to his wife...
     
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  5. Skate

    Skate

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    @rogue1 like many other members on ASF I have an opinion - sometimes you may not like my opinion if so don't worry - I have plenty more.

    Skate.
     
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  6. Skate

    Skate

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    'Dump it here'
    @rogue1 the title 'Dump it here' was a named in the hope that members could "Dump" their knowledge in one thread that would benefit others, as you have done in the past - "posted a quote" now that whats this thread is all about.

    Your quote
    "When you look around a poker table, if you can't tell who the sucker is, it's you..!"

    While some would have heard that quote before, there are others who haven't - @rogue1 thank you for 'Dumping it here'

    Skate.
     
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  7. Skate

    Skate

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    Investment risk
    More on Capilano Honey, Woolworths & investment risk

    Familiarity

    One myth that many investors find particularly hard to resist is “Buy what you know.” Many fall into the trap of buying a company’s stock simply because they are familiar with it and like the product. Typically they fail to understand that good products or services don’t necessarily correlate to a good stock. However, they are comforted by the familiar. Familiarity can be a dangerous thing.

    Skate.
     
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  8. Smurf1976

    Smurf1976

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    Time may also be a constraint for an individual investor due to other committments eg work or family.

    So their aim may be to get the maximum return on money which can be achieved with not more than x amount of time spent on an ongoing basis.
     
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  9. Skate

    Skate

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    Why the share market is so efficient

    The share market is so efficient, the stock price is always right, thousands even many thousands of investors set a fair price and when the sellers and buys are in complete agreement the true value for that stock is established, a ‘Doji’ in the Japanese candlestick lingo.

    The market is like a Ouija board & if you master the game it will spell "PROFIT" (pun intended)

    Skate.
     
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  10. Skate

    Skate

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    Smart Investors & Woolworths

    No one knows if a price is high or low
    With trading no one knows if a price is high or low, picking the top or the bottom even eludes the best professional so we have no chance picking the top or the bottom of any market.

    Smart Investors
    The smart Investors are like ‘Woolworths’, they want to buy at the very lowest price and sell at a much higher price to make money and if they have to screw the little guy along the way, well so be it.

    Skate.
     
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  11. barney

    barney

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    :D



    Good examples and both Trending scenarios …….

    It gets a bit harder to read when you are in the same building and …

    "Drop the cash just after you call "Fire" ;):D
     
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  12. Skate

    Skate

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    Barney, they are two very good simplistic examples of human nature that everyone can relate to.

    It’s funny how human nature often gets it wrong.
    We act so impatiently with the stocks that are moving in the right direction by selling them straight away, yet we reward the falling stocks with endless patience.

    Human nature
    1. It’s human nature to sell profitable stocks too early so we can feel good about our decisions.
    2. Its human nature not to admit when we have made a wrong decision

    Our worst enemy
    Sometimes Human Nature can be our worst enemy.

    Skate.
     
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  13. Skate

    Skate

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    Secret to success

    Mature traders
    Mature traders, those who’ve been around the block or two, realise that the secret to success is being there for the long term, not necessarily making a lot of money quickly but making money gradually and compounding their wealth over time.

    Mature Traders analogy
    Using a car as an analogy – it’s not the speed of the car that matters but the distance a car can travel.

    Skate
     
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  14. tech/a

    tech/a No Ordinary Duck

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    Mature Trader
    Me!

    Take all opportunities long or short term

    Cars

    Don’t get into one unless you know the destination.
     
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  15. Skate

    Skate

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    Elder
    That's why I have called you an Elder tech/a.

    Advice
    I have expressed many times when you talk it's advisable to shut up & for us to listen.

    I'm loving it
    I'm loving your thread "Tech/a on Technical Analysis" (that's not an accolade tech/a but a statement of fact)

    Skate.
     
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  16. Skate

    Skate

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    Cars
    I said to a girlfriend once "you either fork it or walk it"

    Her reply
    "Well I ain't walking"

    Memories
    tech/a you sparked a fond memory for me..

    Skate.
     
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  17. tech/a

    tech/a No Ordinary Duck

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    A bird crapped over my bonnet once!

    I never took her out again!
     
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  18. tech/a

    tech/a No Ordinary Duck

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    Hahahaha
    Just noticed the thread title is very apt to
    This post!
     
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  19. Skate

    Skate

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    Darc Knight made an inspiring quote to get us off on the right foot for 2019

    First inspiring quote for 2019
    “There are no great men – only great challenges, which ordinary men are forced by circumstances to meet.”

    Skate.
     
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  20. Skate

    Skate

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    One quote that made a difference
    My life has revolved around one quote & it has stood me in good stead.

    Motivation
    Many receive advice, only the wise profit from it and those who read the quote below more than once, unpack it, will find words of motivation.

    My Inspiring quote
    "Life is like a dogsled team. If you ain't the lead dog, the scenery never changes"

    Skate.
     
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