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Dump it Here

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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.
 
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.
 
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.
 
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.
 


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
 
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.
 
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.
 
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.
 
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
 

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
 

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.
 

@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.
 
Skate said:
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.
Click to expand...

I learnt this from How to win friends and influence people by Dale Carnegie.
 
Skate said:
Are me mates again ?
I was demonstrating that point. Don’t let emotions drive you.

If you still feel upset, let it go.

Skate
Click to expand...

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.
 

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

Any others you would recommend?
 

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.
 

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.
 

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.
 
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
 
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