One wonders, if those who decried the missed opportunity last time, will avail themselves of it this time?Looks like Santa is only dishing out Pain and Fear to punters following the ASX this Xmas
One wonders, if those who decried the missed opportunity last time, will avail themselves of it this time?
Or just wait to demean those, who do take the opportunity, as happened every other time.
Once the herd starts running, it is hard to change its direction, I personally feel this has a way to go yet.
I must get started on researching trading, I have been a lazy buy and hold, with a big chunk of cash as a backstop.
Time to get off my ar$e and do some study, thanks for all the info Skate, it gives me somewhere to start.
Do you need a special comsec account, to run a trailing stop, or is the facility available on all accounts?
Unless information is released pre market and **** hits the fan #Vocus got me good@sptrawler trailing stops are normally coded into a trading strategy
A standard CommSec account allows you to "Place Conditional Orders"
Two examples of a conditional order
1. 'Trades at or Below' for Falling Sell and Falling Buy
2. 'Trades at or Above' for Rising Sells and Rising Buys
Skate.
Unless information is released pre market and **** hits the fan #Vocus got me good
When I was 18, the Army seemed like the quickest way to earn a what to me was a “high wage”, from which I could save and get the compounding started.
I wouldn’t say I was a “genius” in my teens, but I was having a go and learning as I went along, if anything I did could be considered genius, it was simply that I relised early the benefits of spending less that you earn, and I understood compound growth.
Yep, this short video shows exactly how much a difference starting early can make.What I’ve learned about the concept of compounding money!
I learned the power of reasonable returns, time, and compounding of money can lead to extreme wealth.
I have applied these principles in the management of our net worth.
Reasonable Returns + Time + Compounding of Money = Extreme Wealth.
Pretty simple formula but not especially easy to do!
Skate.
Unless information is released pre market and **** hits the fan #Vocus got me good
Yep, this short video shows exactly how much a difference starting early can make.
Know when to hold em.@mcgrath111 I feel your pain...
Big Loss
This is what a big loss looks like for me (a picture paints 1,000 words) 41.83% of my investment gone in two weeks
Big Win
This is what a big win looks like for me (a picture paints 1,000 words) a gain of 41.83% on my investment - it took 44 weeks (meaning the enjoyment lasted 44 weeks)
Skate.
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