Dump it Here

[Skate]

I understand that trading has a large spectrum of styles, everyone has their own individual forte, whether it's accounting skills, engineering, skills, critical thinking skills and so on, so basically everyone has something to bring to the table.

Time is our most precious resource. But the exchange of ideas? That is priceless
@TimeISmoney, each time I share my thoughts in this forum, I open myself up to a certain level of criticism. But I deeply value the privilege of being able to articulate my ideas.

It's the exposure to diverse perspectives that truly enriches us all. That's why a two-way block should be a measure of last resort, not a reflexive first step. By understanding the viewpoints of others, we have the opportunity to genuinely broaden our knowledge.

Not everyone will agree with me, and I don't claim to be infallible. When I'm wrong or change my position, I'm always willing to admit it. Constructive criticism is welcomed, as it presents alternatives I may not have considered.

Rest assured, when I choose to post, it's with the sincere hope of helping others even if my views aren't universally accepted.

Skate.

 

[farmerge]

@farmerge and @TimeISmoney raise some important points around the two-way block. While such measures can help manage anxiety, they also limit the open exchange of ideas.

Vigorously expressing a point of view is one thing, but attacking the person rather than the idea is another. It can be difficult to know when someone has been offended and finding the right balance is a shared responsibility.

Skate.

Professor the person(?) in question in my case took umbridge because I had the audacity to mention a couple of stocks I had traded and made a profit, without first getting his permission to do this on his(?) site.
I thought it was a joke and said so at the time.
Hence my occasional poking fun at him.

 

[Skate]

Professor the person(?) in question in my case took umbridge because I had the audacity to mention a couple of stocks I had traded and made a profit, without first getting his permission to do this on his(?) site.
I thought it was a joke and said so at the time.
Hence my occasional poking fun at him.

@farmerge, I can understand your perspective. In life, we all have different levels of tolerance when it comes to certain topics or behaviours. Some people may have a lower threshold than others.

While it may have seemed like a harmless comment to you, the other person may have perceived it differently or taken it as overstepping a boundary, even if unintentional. Differing sensitivities and perspectives can sometimes lead to misunderstandings.

Open and respectful communication, along with a willingness to understand each other's positions, can help resolve these types of situations more constructively and that's why the two-way block is a hindrance.

Skate.

 

[ducati916]

View attachment 177830View attachment 177829View attachment 177828

I will enter positions on the weekly chart.

On the weekly I would use the box and sell PUTS to the number of shares that I wanted in allocations of 100/contract.

In this case I would sell 24 contracts at whatever the price is. Last price was $0.58 (thin Options on this stock). So you would pocket $1392.00 while you waited to see if you were exercised. You do need to have the available cash in the account for this to be viable.

I will if filled, then calculate buy and sell points for my held stock.

In this exercise I have already taken a position at $24.67. I will trade at BUY $20.56 and SELL at $30.84 a % of my shares.

I have 40% cash held in reserve to buy. I am bearish on this stock currently. Hence the 40% cash. If I had been bullish, I may have only held 20% or 10% as cash.

jog on
duc

So the experiment is back on:




Week 1

Shares held: 2432
Position value: $60,432.20
Cash held: $40,000


jog on
duc

 

[Skate]

So the experiment is back on:

View attachment 178023


Week 1

Shares held: 2432
Position value: $60,432.20
Cash held: $40,000


jog on
duc

@ducati916, thank you for posting.

Based on the information provided, let's verify my calculations:

Shares: 2432
Share price: $24.67
Total investment: 2432 shares x $24.67 = $59,997.44
Position value: 2432 shares x $24.85 = $60,432.20
Profit: $60,432.20 - $59,997.44 = $434.76

Are they correct?

Skate.

 

[farmerge]

@farmerge, I can understand your perspective. In life, we all have different levels of tolerance when it comes to certain topics or behaviours. Some people may have a lower threshold than others.

While it may have seemed like a harmless comment to you, the other person may have perceived it differently or taken it as overstepping a boundary, even if unintentional. Differing sensitivities and perspectives can sometimes lead to misunderstandings.

Open and respectful communication, along with a willingness to understand each other's positions, can help resolve these types of situations more constructively and that's why the two-way block is a hindrance.

Skate.

Professor at the time I had only been on ASF for a few weeks so was not aware that the said person of a nautical flavour "ruled the waves".
Anyway, all done and dusted, different paths now taken, and I would rather be corresponding with you and learning a lot more than just "Ahoy"
I think I will leave it at that and continue to pursue your posts.

 

[Skate]

When others take the time to post
@farmerge, when others take the time to create and share content in this thread, it adds an invaluable layer to our collective experience. Seeing how others contribute their insights and perspectives can lend colour and depth to our understanding.

At times, I feel that the content I'm creating isn't resonating with anyone, and I appreciate those who add their voices alongside mine. My own lengthy posts often seem to fall flat, leaving me wondering if anyone is truly engaged.

However, I have to remind myself that sharing knowledge and giving back is still a worthy pursuit, even if the immediate engagement isn't there. The truth is, not every piece of content will strike a chord with everyone. Our interests and preferences are diverse, and sometimes it takes time for the right reader to discover the value in what is being shared.

Ultimately, posting is my way of giving back, of sharing what I've learned. And as long as I'm doing so with a sincere intent to help others, the impact will surely ripple outward, even if I don't get to see the full extent of it firsthand.

Skate.

 

[ducati916]

@ducati916, thank you for posting.

Based on the information provided, let's verify my calculations:

Shares: 2432
Share price: $24.67
Total investment: 2432 shares x $24.67 = $59,997.44
Position value: 2432 shares x $24.85 = $60,432.20
Profit: $60,432.20 - $59,997.44 = $434.76

Are they correct?

Skate.

Correct.

There is $0.66c outstanding. LOL.

jog on
duc

 

[divs4ever]

Professor the person(?) in question in my case took umbridge because I had the audacity to mention a couple of stocks I had traded and made a profit, without first getting his permission to do this on his(?) site.
I thought it was a joke and said so at the time.
Hence my occasional poking fun at him.

seems like i have earned a life-time block then

now if i can only earn that from The Market Herald ( where i have never joined or bought shares in either in the current format or that 'boiler room ' format )

 

[divs4ever]

When others take the time to post
@farmerge, when others take the time to create and share content in this thread, it adds an invaluable layer to our collective experience. Seeing how others contribute their insights and perspectives can lend colour and depth to our understanding.

At times, I feel that the content I'm creating isn't resonating with anyone, and I appreciate those who add their voices alongside mine. My own lengthy posts often seem to fall flat, leaving me wondering if anyone is truly engaged.

However, I have to remind myself that sharing knowledge and giving back is still a worthy pursuit, even if the immediate engagement isn't there. The truth is, not every piece of content will strike a chord with everyone. Our interests and preferences are diverse, and sometimes it takes time for the right reader to discover the value in what is being shared.

Ultimately, posting is my way of giving back, of sharing what I've learned. And as long as I'm doing so with a sincere intent to help others, the impact will surely ripple outward, even if I don't get to see the full extent of it firsthand.

Skate.

sometimes that resonation requires contemplation and self-examination ( it might happen but not always instantly )

cheers

 

[Trucksyd]

sometimes that resonation requires contemplation and self-examination ( it might happen but not always instantly )

cheers

Your posts are a valuable source of info & much appreciated. I don’t know how you guys piece it all together!

 

[divs4ever]

Your posts are a valuable source of info & much appreciated. I don’t know how you guys piece it all together!

reading , thinking and looking in unlikely places

but a lot of it is other folks doing the same as me , but looking in different places

and a dash of experience helps as well

 

[Skate]

Navigating the Wealth of Trading Information
@Trucksyd welcome to our community. As @divs4ever alluded to - this forum and the "Dump it here" thread is a treasure trove of information. Still, the sheer volume of data and differing opinions can be overwhelming.

Unfortunately, navigating the wealth of information requires substantial time and effort. What works for one person might not work for another. However, understanding the basics allows you to navigate this vast information more effectively. The last paragraph may not apply to you after reading that you have been trading for the past 12 months.

Footnote
For those new to the markets, and if you're not yet confident about trading or investing, consider starting with a more passive approach, such as investing in the ASX20. This approach can serve as a stepping stone, offering you market exposure and fostering the motivation to enhance your investment or trading strategies over time.

Skate.

 

[Skate]

More Than Money
The level of enjoyment or fulfilment derived from the markets is often influenced by both "time and financial resources". This implies that the quality of the experience is usually enhanced by having "more time and more money" to invest.

Saying that "your enjoyment in the market is a function of both time and money" holds some truth, but it's an oversimplification. However, this perspective overlooks the importance of the overall experience.

Skate.

 

[Skate]

The Pitfalls of Over-Reliance on Others
Our tendency to undervalue our wisdom often leads us to seek the opinions and advice of others, "underestimating" the value of our intuition. While seeking guidance from others can be beneficial, relying too heavily on external input can hinder our ability to listen to our inner voice and make decisions that align with our "authentic" selves.

Challenging the assumptions of others is essential for learning to appreciate the presented information. When we fail to take the time to understand, we disregard our capacity to learn.

Skate,

 

[ducati916]

So the experiment is back on:

View attachment 178023


Week 1

Shares held: 2432
Position value: $60,432.20
Cash held: $40,000


jog on
duc

Week 2

Shares held: 2432
Position value: $61,043.20
Cash held: $40,000



jog on
duc

 

[divs4ever]

S&P Dow Jones Indices Announces June 2024Quarterly Rebalance of the S&P/ASX Indices

SYDNEY, JUNE 7, 2024:

S&P Dow Jones Indices announced today the changes in the S&P/ASX Indices, effective prior to the open of trading on Monday, June 24, 2024, as a result of the June quarterly review.

S&P/ASX 20 Index –

Effective Prior to the Open on June 24, 2024
Action Code Company
Addition JHX James Hardie Industries PLC
Removal S32 South32 Limited

S&P/ASX 50 Index – Effective Prior to the Open on June 24, 2024

Action Code Company
Addition WTC WiseTech Global Limited
Removal EDV Endeavour Group Limited

S&P/ASX 100 Index – Effective Prior to the Open on June 24, 2024

Action Code Company

Addition PDN Paladin Energy Limited
Addition VEA Viva Energy Group Limited
Removal LTR Liontown Resources Limited
Removal NEC Nine Entertainment Co. Holdings Limited

S&P/ASX 200 Index –

No change.

S&P/ASX All Technology Index – Effective Prior to the Open on June 24, 2024
Action Code Company

Addition BVS Bravura Solutions Limited
Addition GTK Gentrack Group Limited
Addition QOR Qoria Limited

Any changes to constituent data can be viewed in the proforma files delivered to client SFTP accounts after market close today.

Any changes to index shares data for capped and equal weighted indices will be made available in proforma files delivered to client SFTP accounts after market close on Friday, June 14, 2024.


For more information about S&P Dow Jones Indices, please visit www.spglobal.com/spdji.

hmmm not much interesting there ( for me ) this time

MAYBE if S32 bought some Anglo coal mines , but so far nothing tempting

 

[Skate]

Explanation
This is a theoretical investment exercise comparing the stock selections of expert fund manager Dr. Don Hamson and Google (AI) Gemini. Both provided their top 5 growth and income stocks for the ASX over the next 12 months.

Results
1st Place $815: Dr. Don Hamson (Expert) - BLUE line on the equity chart (2 winning positions)
2nd Place $349: Google Gemini (AI) - RED line on the equity chart (3 winning positions)






Skate.

 

[divs4ever]

interesting to note that apart from the common stock ( MQG ) the current winning stocks are all consumer facing (although NSR is classed as a REIT ) , one might have thought the resource stocks ( RIO and APD) would have been doing better ( at least break-even )

 

[divs4ever]

considering the XJO is less than 50 points from a new record high , a very interesting result