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- 20 July 2021
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no the short cut/quick fix has always been a desired target , but not it is better-packaged and better advertisedIt's the way of the world these days, I've heard some psychologists liken it to the artificial quick rewards with computer games. You see it in every industry, young people barely coming out of their diapers expecting top money equivalent to someone in the job for years.
My parent's whole lives were built around shortcuts, and they've led a life of misery with me running around trying to fix their shortcuts after the damage was done.no the short cut/quick fix has always been a desired target , but not it is better-packaged and better advertised
if people stopped looking for that short cut ( in everything ) creativity and innovation would stop to a crawl
Fence destroyed by wild fire?Quote completed
No doubt those of you East of the WA border will hear the screams and shouting from the insurance company over the costings.
First guess they will cry poor, then make a cash offer settlement, which I know the owner will reject in a blink of the eye.
Was all 3 rail plastic about 1200 metres all up 1/4 mil in the costings.Fence destroyed by wild fire?
Plastic...one of these horsey ladies with deep pockets husband?Was all 3 rail plastic about 1200 metres all up 1/4 mil in the costings.
It’s about making decisions
No matter how successful a system is or how good your rules are, consistent profits will be difficult to obtain without training yourself to be aware when your emotions start to rise to the surface taking over your decision process.
would your 'side-hustle ' still be the same 5 'core holdings' or shares that have wider swings when they move , i suggest the latter although sacrifices might be needed elsewhere ( like relaxing the franking credit hurdle or relatively reliable divs )Trading an Investment Strategy
I'm considering a new investment strategy that involves trading an investment portfolio as a side hustle. My current investment strategy focuses on dividends and franking credits. I'm looking to complement this approach with a colour-based strategy that reacts to market sentiment with each data update.
I'm interested in using 'The Ducati Aqua Bar Strategy' as a starting point
But I will likely modify it to suit my specific needs and goals. The strategy is straightforward, involving actioning the colour-coded bars intraday or end of the day.
To understand the Charts
Buy when the chart price bars turn AQUA - 'intraday' or at the 'end-of-day' data (yet to be decided). The buy and sell signals are displayed for (ANZ, BHP, CBA, FMG and WDS). While the strategy is far from perfect, it's still in the early stages of development, and I am actively working to refine and improve it.
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Skate.
would your 'side-hustle ' still be the same 5 'core holdings'
I suggest the latter although sacrifices might be needed elsewhere ( like relaxing the franking credit hurdle or relatively reliable divs )
for those selected stocks ( or maybe 5 of a watch-list of 10 , because some might take weeks to become attractively shifted )
Four of my stocks were doing well until this week, now all the gains are almost all gone.i hope your long(er ) term trading strategy does better than mine
i have only a one in three success rate , now sure all three are in uncrystallized gain territory , but the key term is trading only one successful cycle does not translate to 'a trading vehicle ' to me
good luck
my strategy included shaving off some capital gains , irregularly but say every year or two , adding in the dips/slides
but so far only QBE has been successful on multiple occasions
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