Australian (ASX) Stock Market Forum

Dump it Here

Everyone posting on this forum is sharing information including @Captain_Chaza , and the information read by others is their food for thought. Everyone posting is helping everyone else on the forum.


I think the problem is half the forum are on ignore. Which for his own thread is fine. To have it on someone else's thread (this one) is marginally annoying.

jog on
duc
 
Written words are not always understood by everyone to be the same, so food for thought will shoot in all different directions which makes it interesting from a psychological point of view. That's what makes our minds tick and think again
Everyone posting on this forum is sharing information including @Captain_Chaza , and the information read by others is their food for thought. Everyone posting is helping everyone else on the forum.
 
The fewer people you have contending for a stock the less competition, the less the price growth in many cases. If a beginner gets burnt they're less likely to come back to the stock market.

Not a lot of talk about the sharks in the share market game on this site I've found, but if you dig deep it has some good info for beginners although much of it would be fairly outdated these days. :2twocents
 
I've found, but if you dig deep it has some good info for beginners although much of it would be fairly outdated these days.

An update from my perspective
Trading is all about buying a position with the hope of selling it at a higher price in the future, that's the constant that never changes. While it sounds simple, it's a challenging and frustrating experience for many traders. The market is inherently volatile, and share prices can fluctuate rapidly and unexpectedly, making it difficult to make informed decisions about when to buy and sell.

Skate.
 
To succeed in trading
In today's fast-paced and unpredictable market, it's more crucial than ever to have a well-defined "trading plan" and a solid foundation of trading principles. A good trading plan is like a roadmap that helps you navigate through the ups and downs of the market, ensuring that you stay on track and achieve your financial goals. Whereas, a trading strategy outlines the specific rules for entering and exiting positions.

Skate.
 
Watching the profits grow
Managing open profits is a significant challenge in trading, particularly for trend-following strategies that aim to capture the full scope of a trend. These strategies often involve holding positions for extended periods, which can expose traders to substantial drawdowns. To mitigate this risk, traders can employ various techniques to effectively manage open profits.

Skate.
 
To mitigate this risk, traders can employ various techniques to effectively manage open profits.

The exit - makes the money
There are some effective techniques to manage open profits such as "trailing stops", "stale exits" and "take-profit exits" all useful tools to maximise profits while minimising potential losses.

A simplistic explanation
A "trailing stop" move with the price in the trader's favour, allowing the capture of as much profit as possible. "Stale exits", on the other hand, are preset exit points based on price movement and time. They help traders lock in profits and avoid handing back too much of their open profits in case the trend reverses. "Take-profit exits", as the name suggests, are predefined levels at which a trader decides to exit the position and take the profit on offer. By using these different types of exits, traders can optimise their trading strategy and improve their overall performance.

In addition to these techniques, traders can also combine them or use other strategies, such as time-based exits or volatility-based exits, to create a hybrid approach that suits their individual trading style and risk tolerance.

Skate.
 
Words, words and more words
In summary, trading requires a combination of technical analysis skills, a solid foundation of trading principles, and the ability to navigate the challenges that arise. By understanding the principles of developing a trading plan and strategy, managing emotions and expectations, and using techniques to manage open profits, traders can enhance their chances of success in the dynamic and exciting world of share trading.

Skate.
 
To succeed in trading
In today's fast-paced and unpredictable market, it's more crucial than ever to have a well-defined "trading plan" and a solid foundation of trading principles. A good trading plan is like a roadmap that helps you navigate through the ups and downs of the market, ensuring that you stay on track and achieve your financial goals. Whereas, a trading strategy outlines the specific rules for entering and exiting positions.

Skate.
Good afternoon Skate
Mitigating against stress / an inability to cope presents challenges for us all from time to time especially if that stress factor is directly attributed to trading and or gambling :)

Must say have found sex as a real good thing to combat stress, moreover exercise, sex is like running a marathon for rcw1 ha ha ha ha ha …

Seriously, exercise cleanses the soul :) The only worry is breathing … ha ha ha ha ha.

Have a very night evening Skate.

Kind regards
rcw1
 
I still love you Holden Skate
I accept that Repetition may be your Strength in this very difficult teaching process

Among all other things, everyone finds that you're not the first person who was ever confused and frightened and even sickened by human behavior. Especially on the Global Exchange
You're by no means alone on that score
However , You'll all be excited and stimulated to know.
Many, many men have been just as troubled morally and spiritually as you are right now.
Happily, some of them have kept records of their troubles.
You'll learn from them — if you want to.?
Just as someday, if you have something to offer, someone will learn something from you.

It's a beautiful reciprocal arrangement.

And it isn't education.
It's isn't history.
It's poetry.
" The Catcher in the Rye."
 
I still love you Holden Skate
I accept that Repetition may be your Strength in this very difficult teaching process

Among all other things, everyone finds that you're not the first person who was ever confused and frightened and even sickened by human behavior. Especially on the Global Exchange
You're by no means alone on that score
However , You'll all be excited and stimulated to know.
Many, many men have been just as troubled morally and spiritually as you are right now.
Happily, some of them have kept records of their troubles.
You'll learn from them — if you want to.?
Just as someday, if you have something to offer, someone will learn something from you.

It's a beautiful reciprocal arrangement.

And it isn't education.
It's isn't history.
It's poetry.
" The Catcher in the Rye."

What type of 12am YouTube rabbit hole stuff is this 🤣
 
I still love you Holden Skate
I accept that Repetition may be your Strength in this very difficult teaching process

Among all other things, everyone finds that you're not the first person who was ever confused and frightened and even sickened by human behavior. Especially on the Global Exchange
You're by no means alone on that score
However , You'll all be excited and stimulated to know.
Many, many men have been just as troubled morally and spiritually as you are right now.
Happily, some of them have kept records of their troubles.
You'll learn from them — if you want to.?
Just as someday, if you have something to offer, someone will learn something from you.

It's a beautiful reciprocal arrangement.

And it isn't education.
It's isn't history.
It's poetry.
" The Catcher in the Rye."


@Captain_Chaza, your response is greatly appreciated and I understand it as a gesture of support and encouragement, not only towards me but also towards other traders who may be facing similar challenges. Your words acknowledge the difficulties and uncertainties that come with trading and offer a sense of solidarity, reminding us that we are not alone in this journey.

Your emphasis on learning from the experiences and insights of others is particularly valuable, as it highlights the importance of community collaboration in the pursuit of trading success. By sharing our knowledge and experiences, we can help one another overcome obstacles and achieve our trading goals.

Skate.
 
@Captain_Chaza, your response is greatly appreciated and I understand it as a gesture of support and encouragement, not only towards me but also towards other traders who may be facing similar challenges. Your words acknowledge the difficulties and uncertainties that come with trading and offer a sense of solidarity, reminding us that we are not alone in this journey.

Your emphasis on learning from the experiences and insights of others is particularly valuable, as it highlights the importance of community collaboration in the pursuit of trading success. By sharing our knowledge and experiences, we can help one another overcome obstacles and achieve our trading goals.

Skate.
Wow Professor Skate are you treading a dangerous path giving the Cap't praise like this. It maybe the gang plank for you.
 
Good afternoon Skate
Mitigating against stress / an inability to cope presents challenges for us all from time to time especially if that stress factor is directly attributed to trading and or gambling :)

Must say have found sex as a real good thing to combat stress, moreover exercise, sex is like running a marathon for rcw1 ha ha ha ha ha …

Seriously, exercise cleanses the soul :) The only worry is breathing … ha ha ha ha ha.

Have a very night evening Skate.

Kind regards
rcw1
rcw go easy on the bedroom gymnastics.
 
PHEW!
What a lot of Waffle this thread has become

Words, Words and Words and Nothing More than words

Does somebody here get paid by Words?

My Advice is SIMPLE! ! To Each and Everyone of Us

Respect your Success in climbing the LADDER and then remove the LADDER

It is as Simple as That!

Salute and Gods' speed


View attachment 166307
100% agree with your sentiment. This thread used to be good several years ago but has well and truly run out of steam and is devoid of serious insight. It has just become a thread for "inspirational quotes" in a quest for likes.
 
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