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Dump it Here

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

  1. Ann

    Ann

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  2. Gringotts Bank

    Gringotts Bank

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    Mind games kill trust though. Without trust there's no real connection.
     
    Skate and willy1111 like this.
  3. willy1111

    willy1111

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    To help put this graph into context, would you mind saying what levels the horizontal line measures are...as in 10%, 20%, 30%, etc or recalcibrate to an arbitary figure like 100k or 1M etc.
     
    Skate likes this.
  4. tech/a

    tech/a No Ordinary Duck

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    Fast winner 2016
    Strolling along since.
     
  5. Skate

    Skate

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    Gringotts Bank, mind games don't kill trust, I don't believe you have an understanding what mind games are & your post aligns with your belief system.

    The truth
    Every person & I mean everyone plays mind games, you just don't realise when you are doing it to others or when someone is doing it to you.

    I don't play mind games
    Before anyone wants to react & say "I don't play mind games" think again. Just don't react, respond.

    Time to think
    Responding gives you time to think.

    It never repairs
    Breaking someones trust can never be fully repaired. I posted an example of trust in this 'Dump it here' thread.

    Trust Story 1
    The story is about a Dad & his daughter., if you have not read the story it pays to.

    Trust Story 2
    I've also posted about a hammer, piece of wood & a nail, its worthy of a read as well.

    Precious gift
    Trust is a precious gift but there is one gift that carries more value. The most precious gift you can give to another is your time.

    Yes, somethings in life never repair, trust is one of them.

    Skate.
     
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  6. Skate

    Skate

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    Sorry willy1111, you have asked some really good question but this question oversteps the mark.

    Skate.
     
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  7. willy1111

    willy1111

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    My apologies, perhaps the graph contains your real life balances on the axis label - and no I didn't expect anyone to publish such things.

    To add a bit more context to what I was asking I will provide the following example. If you still think it oversteps the mark, my apologies.

    Below is a graph with no label/context on the axis. It is from my Hypothetical Monthly Momentum thread.

    Example1.1.png

    And below is the same graph with a label on the axis, as can be seen below the viewer can see the return climbed to almost 40% and has since fallen back to 15% - without the label on the left those lines are left to the viewers imagination.

    Example1.2.png
     
    Skate likes this.
  8. tech/a

    tech/a No Ordinary Duck

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    True

    Texts from myself to my wife 5 mins ago.

    Her
    Quick go to Bunning's and pick up a tap washer the laundry tap is pouring out!
    Me
    Ill pick one up on the way home and do it then
    Her
    No its pouring out we will be flooded by then!
    Me
    Well--pull the plug out!

    Classic I'm in tears!
     
    JimmyJames80, Trav., debtfree and 3 others like this.
  9. Skate

    Skate

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    willy1111, no apologies needed, each horizontal line represent a quite sizable dollar amount. I've posted that some of those small dips on the line charts look innocent but in dollar terms it's substantial.

    I hope this better explains the chart, it was posted as a representation of my equity curve whereas its represents dollars to me. When it comes to money percentages mean squat, when it comes to returns percentages have meaning.

    Skate.
     
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  10. captain black

    captain black

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    It's still a bit of a "work in progress" but it was interesting to see the machine learning based filter flag the weakness in the All Ords this week.

    For short term systems it's important to be proactive rather than reactive. Traditional index filters based on moving averages are great for long term trend following systems because they keep you in the market long enough to pick up the prevailing trend but for short term systems a more proactive filter is desirable.

    Rather than a simple MA on the All Ords index I've taken the approach of using data from the index constituents and creating composites similar to what I've previously used in Amibroker but using machine learning rather than traditional statistical analysis.

    It's not the Holy Grail but it's improved the CAR/MDD on a short term system I've been trading for over 15 years.
     
  11. satanoperca

    satanoperca

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    As this thread is a dump thread, I would like to say, have gone through your epub, wish I was given that information to diagnose and try to understand 15 years ago, but is well worth the read.

    But my dump is this in main stream media, be great for some feed back as it is pissed me off :

    https://www.news.com.au/finance/mon...l/news-story/df3c05d05f950821fad7c877e5e2205e

    Extracts :
    "The NSW Hunter Valley electrician"
    "he became Australia’s youngest billionaire after he turned a $1 million investment into $442 million "

    F--k me, he must have been a brilliant electrician to accumulate $1M at the at of 32 to invest.

    "When the price of coal price tanked, Mr Tinkler’s heavily indebted empire began to look shaky. "

    "He told 7.30 he had to pay $1 million to have his bankruptcy annulled — money that was given to him by his father."

    So another rich kids that want to cry poor, I guess all kids in Australia have a father that has $1M to give to their child when they f--k up.

    "“I do a bit of consulting work and that sort of stuff. That keeps me fed. You’re not talking millions of dollars a year or anything from that. That’s money to get your family through.”

    Yes you dickh--d, every family, needs a $1M to survive

    "“I haven’t ripped anyone off at the end of the day,” he said. “I’ve lost my own money."

    No, not your money, you fat f--k, your families, you never earnt it

    That is my rant
     
    Darc Knight, qldfrog and Skate like this.
  12. Skate

    Skate

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    satanoperca, as you have asked for feedback, I didn't read the article but I known Nathan Tinkler & his story. Nathan was fleeced by the racing industry, purchasing horses that cost him a fortune that turned out to be no good, everyone stitched him up, money was water & he wasted his good fortune.

    He also invested heavily in buying soccer clubs from memory & couldn't pay. I was offered one of his horses (to buy) about 6 years ago from memory, I only had to pay 10 cents in the dollar, meaning Nathan was losing 90% of his investment, he couldn't even pay the horse food bill let alone stable fees, Vet fees & trainers fees. (It was a sad case, not for him but his backers)

    Nathan overstretched as did Alan Bond, the Banks fall over perceived rich people, offering them as much money as they want.

    This is how it works
    Assets worth $500 mil, debts worth $800 mil, you do the maths (The Banks were STUPID & got caught big time with both, Nathan Tinkler & Alan Bond)

    Skate.
     
  13. tech/a

    tech/a No Ordinary Duck

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    We are very diversified types of people.
    I have no interest in this story other than having a quick read.
    I don’t have an opinion it’s someone else’s life who is not in
    My circle of influence - friends and family and business.

    I certainly don’t get emotional about someone else’s circumstances
    Outside of my circle.
    Each have their own life to live. Lessons to learn.
    I have enough to take care of in my own back yard.
    It’s full of good and bad luck,tragedies,success and failures.
     
    qldfrog, willy1111 and Skate like this.
  14. qldfrog

    qldfrog

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    It shows my age to discover some young people know nothing on a story which was on all papars/news seems like yesterday.
    Explains as well how this keeps repeating...
    As Sting says
    History teaches us nothing
    Nothing against you satanopera
    A sad reflexion of my age
     
    Skate likes this.
  15. qldfrog

    qldfrog

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    In honor of this thread
    Roy replicant in Blade runner movie, the original
    "I've seen things you people wouldn't believe. Attack ships on fire off the shoulder of Orion. I watched c-beams glitter in the dark near the Tannhäuser Gate. All those moments will be lost in time, like tears in rain. Time to die."
    I am not suicidal but wish this quote to be my epitaph
    A life addicted to experiences and discovery, not the wolf of WS style i may say..or regret
    And gosh no regret
     
    Skate likes this.
  16. Skate

    Skate

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    Beautiful soul
    A young 30 year old, poured his heart out to me on a Sunday morning, explaining he couldn't live up to his fathers expectations, I missed the signs, he took his life the next day (Monday morning at exactly 7am) leaving a beautiful family & wife.

    You can always do better
    I bashed myself up for many years doing the "what if" scenarios, "what could I have done better"

    Forgiveness
    The only way I've forgiven myself is by relating the experience to the "Ice Berg Theory" just seeing the tip of the problem & not knowing what was underneath.

    I've written this post with teary eyes.

    Skate
     
  17. qldfrog

    qldfrog

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    Sorry to hear about suicide.
    Have been lucky enough not to have to confront that situation.
    I have just faced some depressive friend and was at a loss on how to help.some much and so little you can do at the same time
     
  18. Skate

    Skate

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    A blatant plug for my eBook "Trading Fundamentals - Skate's Beginners Version" (ePub)

    My educational posts have come to an end
    My educational posts in the 'Dump it here' thread have come to an end. After compiling the eBook I couldn't believe how many posts I've made. My wife said, "I can, you sit there hour after hour hitting the keys without taking a break"

    Also, may I ask
    If you know anyone beginning their trading journey please direct them to our community (ASF), collectively we have a wealth of knowledge in one forum.

    Recommendation
    The 'Dump it here' thread is a great resource, recommending my eBook (& its a great read) has a link to "Aussie Stock Forums"

    Joe Blow
    @Joe Blow said "I recommend that people share this thread and other threads they find value in on social media, if you use it"

    Endorsement (eBook)
    The posts listed below are taken as an personal endorsement of the thread (now a eBook), my posts in the list deserve repeating again.

    Endorement 2.png

    Dec 17, 2018 @Skate #1
    Helping Others
    You might want to dump stuff here to help others

    Dec 17, 2018 @sptrawler #81
    Keep them coming, there isn't one I disagree with.
    It may end up worth publishing, life's lessons on wealth creation.

    Dec 17, 2018 @jbocker #83
    Great work Skate. Each message is food for thought.

    Dec 18, 2018 @luutzu #131
    Maybe Tech/A is right... have you been puffing the magic dragon Skate? Why have you been hiding all these wisdom from us?

    Dec 18, 2018 @explod #153
    The most inner feeling thread of the soul ever on ASF.
    Treasure the absolute moment of your own thinking and love the fact that you are able.
    Sorry Skate have not been able to cover all your posts yet but love you.

    Dec 18, 2018 @Gringotts Bank #157
    Skate... did you sell the farm and go short in October? Or is it the Yuletide spirit? Or maybe you met someone, like our friend Wayne. Either way, I'm happy for you! Some good content here.

    Dec 19, 2018 @Darc Knight #195
    I like little words of Wisdom. I like the Wisdom Skate is posting. I just need to take the time to read the rest. Thank you Skate! :)

    Dec 19, 2018 @Gringotts Bank #280
    Skate, take a break from thinking. You're going to overheat.

    Dec 19, 2018 @Garpal Gumnut #284
    G'day Skate.
    Can you fix door locks?

    Dec 19, 2018 @tech/a #288
    And frankly there is so much here I can’t be bothered
    Information overload.

    Dec 19, 2018 @greggles #260
    Skate, it's a great thread. There's a ton of wisdom in here already and much more to come I'm sure. I, for one, appreciate your efforts. Communities like ASF need to be positive places where we support each other and help each other. Isn't that what communities are for? Let's not let negativity sneak in and spoil things.

    Dec 19, 2018 @sptrawler #292
    You are spot on Skate, today people have all the answers, yet are too busy talking to hear the question.
    People are born with two ears and one mouth, they should use them accordingly.

    Dec 19, 2018 @Wyatt #297
    Skate, you've given followers of your thread some insights into your interesting world, I would like to know more about your trading experiences.

    Dec 19, 2018 @Skate #300
    @Wyatt without the knowledge freely supplied from the ASF community I doubt I would have been successful.

    Dec 21, 2018 @Skate #370
    I'm asking for help
    This thread is designed to be different a place to dump helpful information that may help other traders but the thread lacks traction.

    Dec 21, 2018 @barney #384
    You are an interesting Chap indeed Mr. @Skate

    Dec 21, 2018 @Skate #389
    @barney I measure everything I say here on ASF.
    I've pulled right back..

    Dec 22, 2018 @Ann #407
    Skate please let me start by saying, looking at your 'post' count, your 'likes' count and the time you have been posting here no-one could possibly accuse you of over-posting! If they did so, check their post count and likes. Then you may well have a basis to tell them to go and get..........well, whatever tickles your fancy at the time.

    Dec 22, 2018 @SirRumpole #446
    This is also a very educational thread.
    Well done Skate.

    Dec 22, 2018 @Wyatt #450
    This thread is an excellent point of reference for new traders.

    Dec 24, 2018 @Skate #477
    What's my angle
    If one of my posts "affect your behaviour" I'm a winner..

    Dec 27, 2018 @Skate #486
    Personal milestone
    I have now completed my 500th post & it's a personal milestone - it's a low post count compared to others (that's a given) but every post that I've made goes a long way to explain who I am.

    Dec 27, 2018 @captain black #519
    It's always the hope that someone you help out comes back and not only helps others out but teaches you as well in the process.
    I'm sure anyone reading Skate's words of wisdom in this thread knows the knowledge I've imparted has been returned threefold.

    Jan 4, 2019 @Skate #621
    When you talk
    When you talk, you are only repeating what you already know.
    But if you listen, you may learn something new.

    Jan 4, 2019 @kahuna1 #634
    Love the thread

    Jan 8, 2019 @Skate #675
    My favourite two words are:
    1. Please
    2. Thanks

    Jan 12, 2019 @ducati916 #780
    While Skate, I'm sure is quite capable of defending himself if he so chose, I will do so as in my short time of reading his posts I have found him to be exceptionally polite and patient.

    Jan 12, 2019 @Darc Knight #783
    This thread is a thread of wisdom and learning

    Jan 16, 2019 @myrtie100 #852
    Thank you Skate, what an effort!
    I have found your thread, thought provoking, educational and conformational.
    Stacks of stuff in here, well done

    Jan 16, 2019 @tech/a #854
    Keep it coming.
    Great job and one of the most proactive posts I've seen.
    Make this a sticky Joe!

    Jan 17, 2019 @captain black #878
    Congratulations on your thread Skate.
    It's always the hope that someone you help out goes on to pay it forward, you've certainly done that and more. Cheers

    Jan 17, 2019 @$20shoes #892
    Many thanks, skate. I'll be sure to do some reading.

    Jan 17, 2019 @Darc Knight #907
    Thank you and congratulations on the wonderful thread @Skate What a wonderful contribution to ASF and the internet. Like everyone else I hope you continue to share your wisdom

    Jan 17, 2019 @captain black #911
    The admiration is always mutual Skate, you've done a great job with this thread.

    Jan 20, 2019 @Skate #993
    I know it
    When I'm posting I'm only repeating what I already know, but when others post, I tend to learn something new.

    Jan 20, 2019 @Wyatt #1001
    Hi Skate, Great work and awesome sharing of your experience and hard work.

    Jan 20, 2019 @barney #1021
    This thread is full of some excellent advice and great ideas ……
    People however take time to digest things …

    Jan 20, 2019 @POR930 #1023
    Thanks Skate for your advice in the other thread. Yeah, we are all beginners in this game. After 30 years, amazing how you can still fall into the traps. The thread will have longevity and benefit to readers well into the future for the above reasons

    Jan 20, 2019 @Joe Blow #1025
    I've just made it a Sticky thread, so it's now permanently located at the top of the list of threads in the Beginner's Lounge forum.

    Jan 20, 2019 @Joe Blow #1035
    This thread will be a great reference for beginners - past, present and future.

    Jan 20, 2019 @Joe Blow #1036
    And I recommend that people share this thread and other threads they find value in on social media, if you use it.

    Jan 22, 2019 @willy1111 #1066
    I am reading back through the thread, page by page. It has been difficult to keep up with the speed the thread developed in real time . . . I am finding it very good to read back through at my own pace.

    Jan 22, 2019 @Skate #1107
    willy1111, life is like a game of 'Pool' - it not about sinking the ball but lining up the next shot.

    Jan 22, 2019 @$20shoes #1112
    Really nice compendium, Skate. I'll have a good read over the weekend.

    Skate.
     
  19. barney

    barney

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    Sad story.

    The Father would no doubt be totally devastated, but I suspect he should also be ashamed.

    Parents who put undue pressure of expectation on their children without the appropriate balance of support are doing more harm than good.
     
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  20. tech/a

    tech/a No Ordinary Duck

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    You know as I get older and I have my own history to look back on I appreciate
    the opportunity to experience life more and more.

    I really don't think many of us stop and consider what an amazing fluke it
    is to be who we are. Being born is about 1:400 trillion. and 7000 million of us have beaten those odds.

    So if you don't think you have any luck in your life think again!

    So the odds of That egg and That sperm getting together to produce you

    400 Quadrillion


    Now that is an impossible number but 7000 million of us are who we are
    against those odds.

    We will NEVER meet again and we will NEVER live this life again.
    Don't ever ever waste it!

    Don't ever take your Wife, kids, friends and colleagues for granted !!

    So how important is that argument, resentment , disappointment ,EXPECTATION.

    Kiss, Hug, Smile word of encouragement or good deed?

    Reference---https://www.huffpost.com/entry/probability-being-born_b_877853
     
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