Australian (ASX) Stock Market Forum

Dump it Here

Never judge books by their covers. It's an old saying but a very true one.

Don't assume whoever's driving the truck or working on the factory floor doesn't understand the business.

That concept applies to everything. Not having a degree or not owning an expensive car means nothing more than that. It doesn't mean the person is incapable of obtaining a degree or an expensive car, it only tells you that they have not done so and there's a huge difference there.

Put aside the stereotypes and preconceived ideas and you'll learn many things from seemingly unlikely people.

Words of Wisdom
The original idea behind the 'Dump it here' thread was to give a voice so others may express their views when it comes to trading with the sole purpose of helping others.

A few members have dropped a few gems, some have dropped quotes - both have been welcomed & appreciated.

Skate.
 
Comma's make a difference as well

A comma can make the difference if you get a horse or not.

For sale
Horse, saddle & bridle (you get a horse)

For sale
Horse saddle & bridle (sorry no comma - no horse)

Skate.

Muddling words
I've posted about muddling words & how they can totally change the meaning/message or what was originally intended. (Dump it here thread - Page 27 Post #269)

Do I get a horse
I've posted how a Comma decides if you get a horse or not. (Dump it here thread - Page 27 Post #270)

Suppository
I don't want this thread to become a "suppository of all wisdom" (AS Tony Abbott famously once said) This is a another example of muddling words.

From the mouth of a Rhodes scholar
Tony Abbott - "however smart, however well-educated, however experienced.. is the suppository of all wisdom."

Not quite the same as a repository - "the repository of all wisdom." but so close..

Where to stick Tony's quote
It would rude to say where & too obvious..

Skate.
 
I know old Footballers suffer from head knocks (memory loss etc) as they age, but I've been knocked out or chooked out over a dozen times but never was I told I couldn't post on an internet forum. Just jump back up, run back into the defensive line or keep on swinging :D

This new generation, too much cotton wool :D

i better go check how WSI is doing :p

I want to make a comment & Dump it here.

Boxing & trading

Trading is like being a punching Bag (Dump it here thread - Page 4 Post #35)
No matter how good you are you still take hits (Dump it here thread -Page 7 Post #65)

We all feel pain at some stage
Even when you are skilled at trading/fighting at some stage you will experience pain.

The next post is for @Darc Knight
@Darc Knight I've been knocked out but I've never been choked out, I've never taken an American beating but have experienced an Aussie bashing.

The American way = They use a Baseball bat
The Aussie way = A cricket stump is their choice of weapon

There are other heading I could have used 'sporting equipment' or 'hand tools' (the cricket stump, the squash racket - both required stitches & dental work)

@Darc Knight you said "This new generation, too much cotton wool"

Your comment is valid & is highly subjective - it depends on the people you associate with.

It cracks me up every time a Doctor says "this is going to hurt"

Skate.
 
One of the reasons "more mature" folk such as yourself Skate, and others, deserve respect isn't just the Wisdom you have and the contribution you've made to this great land, but the fact there was less "cotton wool wrapping".
Not that kids don't have it tough now, just that it's not that honest Aussie Battler thing as much anymore IMO.
 
I want to make a comment & Dump it here.

Boxing & trading

Trading is like being a punching Bag (Dump it here thread - Page 4 Post #35)
No matter how good you are you still take hits (Dump it here thread -Page 7 Post #65)

We all feel pain at some stage
Even when you are skilled at trading/fighting at some stage you will experience pain.

The next post is for @Darc Knight
@Darc Knight I've been knocked out but I've never been choked out.

From a long association with Martial Arts I have finally come to rest with Krav Maga
Similar to trading ——it is lethal ,it appears to have no rules , there are many alternatives available during a fight.
Pain is always present and welcomed,much is learned as you go through pain. You can be taught how to minimise pain.
 
From a long association with Martial Arts I have finally come to rest with Krav Maga
Similar to trading ——it is lethal ,it appears to have no rules , there are many alternatives available during a fight.
Pain is always present and welcomed,much is learned as you go through pain. You can be taught how to minimise pain.

@tech/a people struggle with the markets because of the very reason you touched on about rules:

Rules
There are no RULES in the markets and most people like ‘rules’ and like to be told what to do. People are conditioned from childhood to listen to authority and follow ‘rules’.

Excess freedom
The problem is that 'excess freedom' cause people to become overwhelmed and fearful and lose money because they do not 'know' what to do.

The constant
Human Nature never changes, the Markets and players change, but human nature remains constant.

Pain
@tech/a you said: "Pain is always present and welcomed,much is learned as you go through pain. You can be taught how to minimise pain"

The great motivator
I've never welcomed pain and from experience the avoidance of pain is a motivator to hone your skills..

@tech/a I'm not disagreeing with what you have written about pain - but - I align more with the quote from 'The Bible'

Let me quote 'The Bible'
Acts 20:35 King James Version (KJV)
"It is more blessed to give than to receive"

I live by that premise.

Skate.
 
Pain

@tech/a I'm not disagreeing with what you have written about pain - but - I align more with the quote from 'The Bible'

Let me quote 'The Bible'
Acts 20:35 King James Version (KJV)
"It is more blessed to give than to receive"

I live by that premise.

Skate.

:D:D:D

Pain, better to give than to recieve!
Pure GOLD Skate! :D
 
:D:D:D

Pain, better to give than to recieve!
Pure GOLD Skate! :D

@Darc Knight I feel like 'dick' at the moment, I spent over 6 years of my life translating 'The Bible' & I replied to @tech/a by quoting from one of my reference papers the (KJV) version.

I should have quoted the verse from my book.

Acts 20:35 Easy Speak Version (an extract from my book)
20:35 By all these things, I have shown you that by working in this way we must help the weak, and remember the words of the Lord Jesus that he himself said, ‘It is more blessed to give than to receive.’

Below is an extract from an early draft of my book, the Easy Speak Version (an Aussie translation)

Introduction

From December 1999 to May 2006 I was consumed with examining a book that I had little understanding of, other than the stories from my childhood – I thought if I wanted to know more about this book so would others - but I found this not to be the case.

Over a 6 year period it allowed me to better understand ‘the book’ a book I had only glanced at in my youth as I’ve always been curious to know what was written.

Learning and trying to understand ‘The Bible’ I decided to write a modified version of the book and I translated it into an easy speak version so anyone who read it would have an easy read and have a better understanding of what it contained.

Before you think - how can someone alter the word of God, many ‘before me’ have done exactly that.

It was a struggle to translate the words and even harder to absorb the meaning of the words into an acceptable meaning we understand today.

The translation was a long and complicated one.

One of the most important English translations of the twentieth century I believe is the Bible you are about to read.

The ‘Easy Speak Version’ is a revision of the KJV and ASV which many consider to be the first of the “modern” Australian translations.

Skate.
 
Mark Twain. chapter 11 Mysterious Stranger. I like short cuts and this is a ripper.
--------------------------------------------------------------------------------------------------

For as much as a year Satan continued these visits, but at last he came less often, and then for a long time he did not come at all. This always made me lonely and melancholy. I felt that he was losing interest in our tiny world and might at any time abandon his visits entirely. When one day he finally came to me I was overjoyed, but only for a little while. He had come to say good-by, he told me, and for the last time. He had investigations and undertakings in other corners of the universe, he said, that would keep him busy for a longer period than I could wait for his return.

"And you are going away, and will not come back any more?"

"Yes," he said. "We have comraded long together, and it has been pleasant--pleasant for both; but I must go now, and we shall not see each other any more."

"In this life, Satan, but in another? We shall meet in another, surely?"

Then, all tranquilly and soberly, he made the strange answer, "There is no other."

A subtle influence blew upon my spirit from his, bringing with it a vague, dim, but blessed and hopeful feeling that the incredible words might be true--even must be true.

"Have you never suspected this, Theodor?"

"No. How could I? But if it can only be true--"

"It is true."

A gust of thankfulness rose in my breast, but a doubt checked it before it could issue in words, and I said, "But--but--we have seen that future life--seen it in its actuality, and so--"

"It was a vision--it had no existence."

I could hardly breathe for the great hope that was struggling in me. "A vision?--a vi--"

"Life itself is only a vision, a dream."

It was electrical. By God! I had had that very thought a thousand times in my musings!

"Nothing exists; all is a dream. God--man--the world--the sun, the moon, the wilderness of stars--a dream, all a dream; they have no existence. Nothing exists save empty space--and you!"

"I!"

"And you are not you--you have no body, no blood, no bones, you are but a thought. I myself have no existence; I am but a dream--your dream, creature of your imagination. In a moment you will have realized this, then you will banish me from your visions and I shall dissolve into the nothingness out of which you made me....

"I am perishing already--I am failing--I am passing away. In a little while you will be alone in shoreless space, to wander its limitless solitudes without friend or comrade forever--for you will remain a thought, the only existent thought, and by your nature inextinguishable, indestructible. But I, your poor servant, have revealed you to yourself and set you free. Dream other dreams, and better!

"Strange! that you should not have suspected years ago--centuries, ages, eons, ago!--for you have existed, companionless, through all the eternities. Strange, indeed, that you should not have suspected that your universe and its contents were only dreams, visions, fiction! Strange, because they are so frankly and hysterically insane--like all dreams: a God who could make good children as easily as bad, yet preferred to make bad ones; who could have made every one of them happy, yet never made a single happy one; who made them prize their bitter life, yet stingily cut it short; who gave his angels eternal happiness unearned, yet required his other children to earn it; who gave his angels painless lives, yet cursed his other children with biting miseries and maladies of mind and body; who mouths justice and invented hell--mouths mercy and invented hell--mouths Golden Rules, and forgiveness multiplied by seventy times seven, and invented hell; who mouths morals to other people and has none himself; who frowns upon crimes, yet commits them all; who created man without invitation, then tries to shuffle the responsibility for man's acts upon man, instead of honorably placing it where it belongs, upon himself; and finally, with altogether divine obtuseness, invites this poor, abused slave to worship him!...

"You perceive, now, that these things are all impossible except in a dream. You perceive that they are pure and puerile insanities, the silly creations of an imagination that is not conscious of its freaks--in a word, that they are a dream, and you the maker of it. The dream-marks are all present; you should have recognized them earlier.

"It is true, that which I have revealed to you; there is no God, no universe, no human race, no earthly life, no heaven, no hell. It is all a dream--a grotesque and foolish dream. Nothing exists but you. And you are but a thought--a vagrant thought, a useless thought, a homeless thought, wandering forlorn among the empty eternities!"

He vanished, and left me appalled; for I knew, and realized, that all he had said was true.

---------------------------

It's brilliant, and like anything brilliant is very easy to misinterpret. Some of it is literal (and will be misinterpreted as metaphorical), some metaphorical (and will be misinterpreted as literal). But it's all there, summed up in a single chapter.
 
It's brilliant, and like anything brilliant is very easy to misinterpret. Some of it is literal (and will be misinterpreted as metaphorical), some metaphorical (and will be misinterpreted as literal). But it's all there, summed up in a single chapter.

@Gringotts Bank I would like to quote @Darc Knight & say "PURE GOLD"

There's enough information in your post to write a dozens books.

I've read a lot of books & gained so much pleasure in reading them.

Last minute Christmas suggestion
If you are looking for that last minute gift for your wife/partner/girlfriend - I can recommend a book that's given me so much pleasure even though I have not read a single word, but my wife has.

It got to the stage where I had to ask my wife to read slower, my stamina was failing, I couldn't keep it up.

Quote
"Once a King always a King but once a Knight is enough"

Book suggestion
"Fifty Shades of Grey"

Or any in the series of erotic novels by E. L. James.

The trilogy consists of "Fifty Shades of Grey", "Fifty Shades Darker" and "Fifty Shades Freed"

Don't forget to like my post after she reads them (That's if you have the energy)

Skate.
 
@Gringotts Bank I would like to quote @Darc Knight & say "PURE GOLD"

There's enough information in your post to write a dozens books.

I've read a lot of books & gained so much pleasure in reading them.

Last minute Christmas suggestion
If you are looking for that last minute gift for your wife/partner/girlfriend - I can recommend a book that's given me so much pleasure even though I have not read a single word, but my wife has.

It got to the stage where I had to ask my wife to read slower, my stamina was failing, I couldn't keep it up.

Quote
"Once a King always a King but once a Knight is enough"

Book suggestion
"Fifty Shades of Grey"

Or any in the series of erotic novels by E. L. James.

The trilogy consists of "Fifty Shades of Grey", "Fifty Shades Darker" and "Fifty Shades Freed"

Don't forget to like my post after she reads them (That's if you have the energy)

Skate.
Worst writing ever but as you pointed, YOU do not have to read it to appreciate ....by the way, who's gift is it..your partner's?
 
Worst writing ever but as you pointed, YOU do not have to read it to appreciate ....by the way, who's gift is it..your partner's?

@qldfrog I can't comment on E. L. James writing style or the contents of any of the books in his erotic trilogy.

All I can say about E. L. James novels is this: "I gained a lot of pleasure from my wife reading them"

I don't think a man would enjoy reading an erotic novel. (I could stand to be corrected)

The last minute gift suggestion is for your wife/partner/girlfriend.

Better still
I suggest you buy any one of the books in E. L. James trilogy and give them as an additional present for your wife/partner/girlfriend. Your Christmas break will be more than enjoyable.

Personal Recommendation
Any of E. L. James series of books is a gift that keeps on giving..

Skate.
 
I suspect you may not be as old as your Avatar/Comments might suggest:cautious:;)

@barney I wanted to make another comment if I may - its Christmas after all..

Charles Darwin
My avatar is of Charles Darwin.

My wife knows I've been posting on ASF & noticed my avatar, questioning why I would use a photo of myself without my glasses on..

Long story short
It took some convincing but my wife now accepts the photo is not of me (you know how people say you grow to look like your pet - well it appears I've grown to look like my hero) I've never shave in my life & the design of my beard changes with the image I want to project. (my wife prefers the Judge/Doctor/Professional image - short & well groomed rather than the rough & rugged look)

Santa
I'm 65 & If I had a dollar for every time someone called me Santa - I wouldn't need to trade, I would be one wealthy guy. My beard may be a fraction longer than in the avatar & snow white.

Put a pair of rimless glasses on Charles Darwin & that's what I look like exactly..

The reason I'm telling you this is three fold..
  1. So you can put a face to the person posting. (a picture paints a thousand words)
  2. My posts are honest, open & frank - if you haven't noticed (I have nothing to hide)
  3. It's Christmas and children love me this time of the year (I look like the real deal in a Santa suit)
I've had a colorful life & the looks to match.

Skate.
 
Whipsaw Revisited ..
Came across this http://www.newtraderu.com/2011/12/11/ed-seykotas-6-rules-from-the-whipsaw-song/
Fleshes out a bit more the concepts in the song.

@Xendragon I'm impressed that you have taken notice of my post & followed through to understand a Trend Trading Strategy a little better.

My aim is to educate & help others - I'm always working an angle (what is the angle?)

I'm trying to affect readers behaviour
If my posts affect your behaviour I'm a winner - that's my end game..

Skate.
 
Don't fall for it @Ann ……. Skate is working an angle to enrage you:p …..

PS Anne didn't bite very hard Skate …. you may have to work harder than normal here:D

@barney you said - "Don't fall for it @Ann , Skate is working an angle" (you're correct @barney - I'm always working an angle)

What's my angle
If one of my posts "affect your behaviour" I'm a winner..

Skate
 
@barney
Santa
I'm 65 & If I had a dollar for every time someone called me Santa - I wouldn't need to trade


The reason I'm telling you this is three fold..
  1. So you can put a face to the person posting. (a picture paints a thousand words)
  2. My posts are honest, open & frank - if you haven't noticed (I have nothing to hide)
  3. It's Christmas and children love me this time of the year (I look like the real deal in a Santa suit)
I've had a colorful life & the looks to match.

Skate.

I have known a "couple of Santas", and invariably they have always been totally likeable, approachable and generally straight shooters ….. I suspect from your postings that you fit the Santa tag perfectly, and, we would likely get along very well especially if chewing the fat around a BBQ or similar … Although I suspect I would do the bulk of the listening and learning;) .... which is what I prefer anyway:D

Cheers M8 and I'm sure you will have the Christmas you deserve:)
 
BLG
DNA
GAS
TER

2019 a great year!

@tech/a I'm interested in one of your picks in the Tipping Competition for 2019 (TER) Terracom Ltd

Would you care to explain the reason behind your pick (TER) if you have the time or desire that is, Terracom Ltd was kind to me once.

The other picks a mean reversion guesstimate comes to mind - I'm not saying a 'Mean Reversion strategy' is the reason for your picks its the story that my mind created.

Skate.

(TER) Capture.JPG
 
Re-posted without permission

2nd Feb 2011 (Equititrust? thread - Page 7 Post #62)

@No Trust posted a 'Gem' & it a worthy to Dump it here..
"A few words of interest for those with mortgage fund investments. When a mortgage fund tries to act like a bank and lend funds to developers, there is a fundamental flaw in the model"

Skate.
 
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