I don't mind posting in the general thread, but hate posting in the specific stocks thread.
This is mainly due, to my own lack of confidence, in any personal belief in the underlying integrity of a stocks value.
I have been in the market for nearly 30 years and still find it has no rhyme or reason. It is driven by market manipulation, self centred management and herd mentality, therefore it is very difficult IMO to post other than an educated guess.
I personally try to adopt a policy of buy and hold a core of companies, that make the foundations of my holdings, then gamble on a small percentage free cash.
However I do find there is a wealth of knowledge on ASF regarding financial matters, be it regarding tax matters, superannuation, general financial, real estate and political matters.
Maybe it's an age thing, maybe a lot of the posters on ASF are old enough to know " unless you have something intelligent to say, say nothing"?
Who knows
As you say, it's almost impossible to compete with the bots and high speed computer links used nowadays.I wonder if the advent of algorithmic speed trading has contributed to a lack of interest in trading by small investors and therefore a drop off of interest in forums like this ?
Lets face it, small investors are just not in the race when it comes to trading. Computers that have direct access to the ASX computers have the advantage as this article points out.
http://www.smh.com.au/money/investing/share-wars-how-the-robots-are-robbing-you-20120825-24t4t.html
Folks
Does any one know whereabouts of Hang Seng , Kennas, Sea Spirite, Grace, Agentm ?
Thanks
Folks
Does any one know whereabouts of Hang Seng , Kennas, Sea Spirite, Grace, Agentm ?
Thanks
Folks
Does any one know whereabouts of Hang Seng , Kennas, Sea Spirite, Grace, Agentm ?
Thanks
Kennas is fine. We chatted recently and he's busy with other things.
Thanks Joe, Hangseng and Explod to give whereabouts of missing Gems - Hangseng, Kennas.Hi Miner, still around mate and still living/working in Indonesia. Just tending to keep to myself more nowadays. Also this thread is my sentiment regarding trading. Algorithm (BOT) trading, clear manipulation allowed by the regulators, servers at the ASX doing millisecond trades, the inability to place a trade in a queue without commsec or whoever placing on the Chi-ex that we cant view. A one sided trading market hell bent against retail traders.
I am still in the market but short term trading is such a waate of time now. Find what I want fundamentally and hold, not as exciting but far more rewarding nowadays.
Basicly had enough of it all and invest where I want longer term and pursue my commercial drone interests more. Mining downturn has bitten hard with a lack of new projects, so plenty of time to pursue mapping and photography.
Hope your doing well Miner and others and good luck to you all.
ps. Thanks for the heads up on Miners post Joe.
Am I visiting a different set of threads, or has Sails not posted in here for a while?
Hi Logique, I'm doing OK and check in here from time to time
That's great Sailsy, good to know you're still looking in occasionally!Hi Logique, I'm doing OK and check in here from time to time
Does anybody know what happened to noco?
Unfortunately he suffered a health issue. Last I heard (from him) was that he was on oxygen permanently and spent little time on the computer these days.
I'm sure our good wishes go out to him and hopes that he can maintain a reasonable life quality.
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