Dump it Here

[Skate]

Why become a trader ?
Investing in the stock market has consistently proven to be one of the most profitable forms of investment available.

Starting is easy
You can start trading with a relatively small amount of money ($50K) whereas buying a property requires much more.

A small investment
$50K will allow you to take almost immediate action to buy and sell stocks, unlike property that takes much longer & with trading it allows you to sell part of an investment, whereas real estate requires the full property to be sold.

Compare the costs
Transaction costs are much lower than those of an equivalent property investment & trading allows investments to be monitored easily, allowing you to obtain an accurate valuation quickly, at any time.

Trading is a safe Investment
Trading allows you to choose from a diverse range of stocks, thus maximising returns while spreading the risk. Trading is mostly free of blatant outside manipulation, due to the activities of regulatory bodies & has proven to be one of the safest forms of investment, if you knows what you are doing.

Skate.

 

[Skate]

What to buy & when to buy
If you only buy the strongest stocks, and sell any stocks that do not perform well, you can expect to achieve significantly better results. These techniques include selecting higher potential stocks, when to enter and exit the market when each stock gives confirmed signals is where the money is made.

Consistently returns
As with all types of investments, there are disadvantages associated with trading in the stock market. The main disadvantages includes the need to acquire knowledge to consistently achieve better than Index returns. The learning process is slow & painful.

40 Position Portfolio
Having a reasonable capital base with a large portfolio position size will ensure that you are not exposing too much capital to any one investment, ensuring that you can obtain a big enough return. Having the discipline & conviction to enter and exit the market when entry and exit signals are given is another matter.

Monitor your investments.
The good news is that, through gaining trading knowledge and experience, you can overcome these disadvantages, or at least minimise their impact.

Skate.

 

[Skate]

I should answer a question I often get asked
What is the difference between an investment and a trade ?

It's a touchy term
Some argue that an investment is merely a longer term trade. Others argue that the difference lies in the intent whether you purchased the stock primarily for the dividends paid by the company, or for the capital gain.

One thing I can say
Trading requires greater knowledge, preparation and discipline than investing. It is also usually more profitable

Skate.

 

[Skate]

Next I want to post about Trend Following

Information overload
Its been stated the 'Dump it here' thread has an information overload, sometimes I post quicker than some can read, who knows. I'll wait till others catch up because I also want to explain what drives my trading strategy & why I trade three different systems.

In the break I'll think about how to make the posts interesting to read.

Skate.

 

[qldfrog]

Definitely looking forward to cross the internet China wall and download your book

 

[ducati916]

I should answer a question I often get asked
What is the difference between an investment and a trade ?

It's a touchy term
Some argue that an investment is merely a longer term trade. Others argue that the difference lies in the intent whether you purchased the stock primarily for the dividends paid by the company, or for the capital gain.

One thing I can say
Trading requires greater knowledge, preparation and discipline than investing. It is also usually more profitable

Skate.

There is no difference.

Both have the same purpose: to exchange a set of circumstances (a) for a better/improved set of circumstances (b) through providing an input (a) and reaping the output (b).

The methods employed to achieve the result are different. The purpose is the same.

jog on
duc

 

[Skate]

Please if you want to ask me a question use @Skate

How to ask a good question
(a) Consider if your post adds value to the discussion.
(b) When expressing an alternative view, start off by saying “In my opinion …” and try to focus on the issues rather than person.
(c) We are all wordsmiths to some degree & it's easy to incite an emotional, knee-jerk response, creating an emotional outburst.
(d) Ask a detailed question & you will get a detailed response.
(e) Ask a one liner, it deserves a one liner response.

Don't ask one liners
Most member ask questions as one liner, (not all but some) & sometimes their responses are the same, it's unhelpful. If you skim my post you'll learn nothing but with repetitive reinforcement of successive posts the smart one will.

It takes time
It takes a lot of time & effort to give a measured response so all I'm asking if you have a question detail it precisely, let me understand why you don't understand as playing tennis with others is tiresome, boring & more importantly it waste our time.

Same old same old
Some members tend to follow patterns of behaviour, posting to invoke an emotional response, never answering questions directly to justify their position but they "always demand documentary evidence" from others to support their assertions, while offering none in return.

Please don't let that be you.

Skate.

 

[satanoperca]

A peer review

Original comments in blue for @Skate
Comments by @satanoperca in orange.

There is a reason for the colour selections

The brief :
Sometimes you feel like dumping stuff & this thread might be the perfect place.

Helping Others
You might want to dump stuff here to help others "Achieved, but seems at times to be very manipulated and one sided, helping is not one directional, but bidirectional, may something the creator could understand or does but chooses not to"

Unload
You might want to unload & dump something off your chest "Haven't seen an example by brief creator, but may have missed it as busy out enjoying nature"

Gems
You might even want to dump some gems here "Achieved and enlightening at times, but need to sift through to find the gems"

Let it go
Sometimes you can't let somethings go till you dump it on paper "Haven't seen an example by brief creator, but may have missed it as busy out enjoying nature, with the exception of the briefer at times not liking that he cannot manipulate or control the direction of the discussion"

Dump it here
If you want to dump it, dump it here "Fantastic, creative idea for a thread and all credit to the creator"

Skate.

 

[tech/a]

Clearly targeting the Duck
I will respond as expected with emotion

(1) I’m not a conformist to you Skate or anyone else.
(2) I will respond in which ever way I feel the most time efficient and direct.
With question or answer.
(3) Same old Same old — you are affronted by my question, your attempting to gain control.
The same old same old is avoidance to direct questions,in ability to back ridiculous statements (Ann), attempting to put the Duck in its place ( the one you feel most comfortable with ) and of course not answering simple observations.——Deflecting

I’m sure I was married to you once
Walked out then
Walking out now

Enjoy your game.

 

[satanoperca]

I must also add, that @Skate ebook is long and detailed and in order to understand and get a grasp of the content, one must read completely first, and I would suggest reading small sections at a time to understand the wisdom/knowledge trying to be communicated. For every statement, question (what the f--k is he on about and why) and then you may develop insight and understanding.

Great read @Skate

 

[Skate]

A peer review

Original comments in blue for @Skate
Comments by @satanoperca in orange.

There is a reason for the colour selections

The brief :
Sometimes you feel like dumping stuff & this thread might be the perfect place.

Helping Others
You might want to dump stuff here to help others "Achieved, but seems at times to be very manipulated and one sided, helping is not one directional, but bidirectional, may something the creator could understand or does but chooses not to"

Unload
You might want to unload & dump something off your chest "Haven't seen an example by brief creator, but may have missed it as busy out enjoying nature"

Gems
You might even want to dump some gems here "Achieved and enlightening at times, but need to sift through to find the gems"

Let it go
Sometimes you can't let somethings go till you dump it on paper "Haven't seen an example by brief creator, but may have missed it as busy out enjoying nature, with the exception of the briefer at times not liking that he cannot manipulate or control the direction of the discussion"

Dump it here
If you want to dump it, dump it here "Fantastic, creative idea for a thread and all credit to the creator"

Skate.

Are me mates again ?

I was illustrating conditioning.

The way we respond to a situation is all about controlling your emotions, it’s so important when it comes to training.

I was demonstrating that point. Don’t let emotions drive you.

If you still feel upset, let it go.

Skate

 

[Skate]

Clearly targeting the Duck
I will respond as expected with emotion

(1) I’m not a conformist to you Skate or anyone else.
(2) I will respond in which ever way I feel the most time efficient and direct.
With question or answer.
(3) Same old Same old — you are affronted by my question, your attempting to gain control.
The same old same old is avoidance to direct questions,in ability to back ridiculous statements (Ann), attempting to put the Duck in its place ( the one you feel most comfortable with ) and of course not answering simple observations.——Deflecting

I’m sure I was married to you once
Walked out then
Walking out now

Enjoy your game.

You miss the point, I’m not asking anything of anyone. I’ve politely requested if people want to ask me a question, please don’t use one liners as they serve no purpose.

A detailed question let’s me better understand where they are coming from, so I can rely with a metered response instead of making me guess.

My post today was a re-post from a few days ago well before you getting upset.

Skate.

 

[willy1111]

I’ve always found that creating a desire and satisfying it gives me the best results in a sale.

The last car I bought the sales guy said take it home but as you swing onto the freeway hit it.
I did just that —- wow really nice—-I certainly had the desire—-I called my wife from the car.

Hi honey I’m just driving the car we are buying home —- we will shoot out for tea!

Next day I told the sales guy that I loved it and would return it in a few hrs.
Now he had the desire to sell it to me.

I dropped it off and made an appointment for Saturday morning.
I’d also made an appointment with another dealer I knew personally and was the guy that I bought my last car from. The dealership knew of him I made sure he was in our conversations.

Saturday
I want the car
He wants the sale
To close we need an agreed price.
His leverage —- he has what I want.
My leverage —- I have alternatives.

We jockey around with the I’ll take your offer to my sales manager
3 times knocking off a few grand here and there adding some extras

Then a stroke of luck in the negotiations
My friend George calls me wondering where I am.
He is in my speed dial along with the dealership name.
It’s in the middle of negotiation so I show the face of the phone to the small group now trying to get me over the line. I answered the phone in front of them and said I was just finalising a meeting close buy and would be there shortly.

Now I was prepared to lose the deal—-
They weren’t——-knowing that if I leave then I probably won’t come back
After all if it was them they wouldn’t!

So I deducted a further $8,600 which reached the figure I wanted to pay,
20 mins passed and I got up to go to see George.

Then —— Done it’s yours as long as we can demo the car for 6 weeks
Sure as long as you don’t clock more than 1500k

It was October took delivery in at Xmas.
Both desires are filled
Mine every time I pry it off my wife!
That was 2 years ago.

Fill both sides desires —- win win.

@tech/a Thanks for sharing the story.

Curious to know, how much below rrp do you think you paid in rough percentage terms? 20% below? Ie $100k rrp paid. $80k etc

Rrp is meaningless to you, but to the average mug off the street, this is what they pay.

I am just trying to gauge how much fat is in there for the dealer, how much room are they willing to move.

We recently purchased a new car and managed to pay 20% below rrp, the sales process was fun for us, knowing a bit about the game. Maybe we could have got it down further, we will never know, but in the end both parties were happy and deal done.

 

[willy1111]

Re-posting (with highlights)
"What happens when the other person is not interested in your interests?"
No, you don't understand we talk about them & their interests, people love to talk about themselves, see the posts below.

Skate.

I learnt this from How to win friends and influence people by Dale Carnegie.

 

[satanoperca]

Are me mates again ?
I was demonstrating that point. Don’t let emotions drive you.

If you still feel upset, let it go.

Skate

You make me laugh, young grasshopper.

We were never mates, the term mates, is something that I hold in the highest esteem, they are the people who you celebrate with, who you can call on when you are down, who don't judge you (something you must learn) and accept you for who you are, they are the people you hug and tell them that you love them.

So as we were never mates, unless you simply use the term for acceptance, we cannot be mates again, mateship, like trust is earn't.

So read and understand the statement and you might understand that your further comments a simple and naive, assumptions make an arse out of people, you assume a lot, without understanding.

My advice to you my young Skate, is read what you have written in your ebook and practice it.

 

[willy1111]

Why talk about facial expressions
So you have a better understanding of a minor part of a complex subject. We all use facial expression to convey a message (that's a given) how do I explain such a complex subject in a short post.

Bet you didn't realise
Facial expressions, expressions we all take for granted, I bet you never realised the importance of that tool to a Sales Professional & they have hundreds more at their disposal.

Skate.

I found Allan Pease has a lot of good info on reading the non verbal signs of communication.

Any others you would recommend?

 

[Skate]

You make me laugh, young grasshopper.

We were never mates, the term mates, is something that I hold in the highest esteem, they are the people who you celebrate with, who you can call on when you are down, who don't judge you (something you must learn) and accept you for who you are, they are the people you hug and tell them that you love them.

So as we were never mates, unless you simply use the term for acceptance, we cannot be mates again, mateship, like trust is earn't.

So read and understand the statement and you might understand that your further comments a simple and naive, assumptions make an arse out of people, you assume a lot, without understanding.

My advice to you my young Skate, is read what you have written in your ebook and practice it.

satanoperca, thank you for your reply, its demonstrated that you have thought about your response to me, this time you didn't react but responded to me. (well done)

I appreciated your measured & thoughtful reply. Having your say is liberating, everyone want to be heard (that's human nature) & expressing your point of view is how its done.

Your post is well written & constructed. (two thumbs up from me)

I only hope others read your post over & over to help them better understand why keeping emotions in check is so important.

Skate.

 

[Skate]

I must also add, that @Skate ebook is long and detailed and in order to understand and get a grasp of the content, one must read completely first, and I would suggest reading small sections at a time to understand the wisdom/knowledge trying to be communicated. For every statement, question (what the f--k is he on about and why) and then you may develop insight and understanding.

Great read @Skate

satanoperca, thank you for grabbing a copy of my eBook I really appreciate you taking the time to have a look inside. I've spent a lot of time formatting the eBook into something so simple. The paragraphs are short & written from my point perspective.

I've got heaps in my head that I want to post, whether people agree with me is irrelevant.

By you saying, (what the f--k is he on about and why) is important & it's an indication that you are thinking about what you are reading, letting it sink in.

Now that's what I'm on about.

I'm not telling you what to think but how to think, a topic we are never taught. How to make a good decision is another.

Skate.

 

[willy1111]

Clearly targeting the Duck
I will respond as expected with emotion

(1) I’m not a conformist to you Skate or anyone else.
(2) I will respond in which ever way I feel the most time efficient and direct.
With question or answer.
(3) Same old Same old — you are affronted by my question, your attempting to gain control.
The same old same old is avoidance to direct questions,in ability to back ridiculous statements (Ann), attempting to put the Duck in its place ( the one you feel most comfortable with ) and of course not answering simple observations.——Deflecting

I’m sure I was married to you once
Walked out then
Walking out now

Enjoy your game.

This post appears to be all about you @tech/a, have you considered trying to understand where @Skate is coming from? . . . silver shoes and all that

Perhaps this post is not helpful, I've posted so that hopefully you might reflect and may see things from a different light, perhaps you don't want to?

All of your experiences and views are welcome and just as valid as anyone else's here.

 

[satanoperca]

I thank-you for your considered responds grasshopper, I hope you have learnt something from my post, as it is a reflection on one of your many pearls of wisdom, so the learn from something, it is important that the student believes that the teacher practices what they preach (hate the word preach).

Cheers, hope everyone has a great long weekend, off to the beach to become one with nature, even if it is a short period of time