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Half the fun of trading is figuring out what others are doing & why
When information is supplied it helps you become a detective that adds value to your learning experience. I could go into depth & explain why each position is being sold in the Action Strategy this week but that's not the point.

Clear as mud
Looking at the charts some positions will be obvious why they are being sold, where other positions will be a little more obscure. All chartists make up stories (in their head) about what they see in the charts & then go on to believe the story because of their ingrained bias. Biases are mental blind spots, it takes special effort to avoid falling into their traps. Often, we realize our errors after the fact & usually it's too late.

Let's not leave out the members who like to look at charts
The "Charts" always tell a story even if at first it appears that they don't. As traders, we are always playing catch-up with new information. As systematic trend traders, we are searching for the probability of what will happen next, sometime in the future. Punting on those probabilities can be hazardous to your wealth & emotions. The times when you get it right, can compensate you for the cost of constantly having a go.

Do the charts tell a story for you?
The red & green lines are the support & resistance lines for the 10 & 50 weekly periods.

Looking at the chart of [BUB]
It should be oblivious why it's being cut from the team.

[ATTACH=full]105577[/ATTACH]

Now let's look at these charts
What do you see?
What is the story?
Why are the positions being sold?

PRU - Perseus Mining
[ATTACH=full]105578[/ATTACH]

REX - Regional Express
[ATTACH=full]105579[/ATTACH]

Looking at the chart of [BFG] it looks so good !!
Why is it being cut from the team?

BFG - Bell Financial Group Limited Ordinary
[ATTACH=full]105580[/ATTACH]

Hopefully
Some members may like to "express their opinion" on the charts above or why the positions below in the list are being axed from the team.

It pays to remember
There is no "right or wrong" answers in the "Dump it here" thread but a variety of opinions, one very good opinion has already expressed by [USER=81607]@martyjames[/USER]

[ATTACH=full]105581[/ATTACH]

Skate.

<blockquote data-quote="Skate" data-source="post: 1080543" data-attributes="member: 57364">Half the fun of trading is figuring out what others are doing &amp; why When information is supplied it helps you become a detective that adds value to your learning experience. I could go into depth &amp; explain why each position is being sold in the Action Strategy this week but that&#039;s not the point. Clear as mudLooking at the charts some positions will be obvious why they are being sold, where other positions will be a little more obscure. All chartists make up stories (in their head) about what they see in the charts &amp; then go on to believe the story because of their ingrained bias. Biases are mental blind spots, it takes special effort to avoid falling into their traps. Often, we realize our errors after the fact &amp; usually it&#039;s too late.Let&#039;s not leave out the members who like to look at chartsThe &quot;Charts&quot; always tell a story even if at first it appears that they don&#039;t. As traders, we are always playing catch-up with new information. As systematic trend traders, we are searching for the probability of what will happen next, sometime in the future. Punting on those probabilities can be hazardous to your wealth &amp; emotions. The times when you get it right, can compensate you for the cost of constantly having a go. Do the charts tell a story for you?The red &amp; green lines are the support &amp; resistance lines for the 10 &amp; 50 weekly periods.Looking at the chart of [BUB] It should be oblivious why it&#039;s being cut from the team.[ATTACH=full]105577[/ATTACH] Now let&#039;s look at these chartsWhat do you see? What is the story?Why are the positions being sold?PRU - Perseus Mining [ATTACH=full]105578[/ATTACH] REX - Regional Express[ATTACH=full]105579[/ATTACH] Looking at the chart of [BFG] it looks so good !!Why is it being cut from the team?BFG - Bell Financial Group Limited Ordinary [ATTACH=full]105580[/ATTACH] Hopefully Some members may like to &quot;express their opinion&quot; on the charts above or why the positions below in the list are being axed from the team. It pays to remember There is no &quot;right or wrong&quot; answers in the &quot;Dump it here&quot; thread but a variety of opinions, one very good opinion has already expressed by [USER=81607]@martyjames[/USER] [ATTACH=full]105581[/ATTACH] Skate.</blockquote>

[QUOTE="Skate, post: 1080543, member: 57364"] [B]Half the fun of trading is figuring out what others are doing & why [/B] When information is supplied it helps you become a detective that adds value to your learning experience. I could go into depth & explain why each position is being sold in the Action Strategy this week but that's not the point. [B]Clear as mud[/B] Looking at the charts some positions will be obvious why they are being sold, where other positions will be a little more obscure. All chartists make up stories (in their head) about what they see in the charts & then go on to believe the story because of their ingrained bias. Biases are mental blind spots, it takes special effort to avoid falling into their traps. Often, we realize our errors after the fact & usually it's too late. [B]Let's not leave out the members who like to look at charts[/B] The "Charts" always tell a story even if at first it appears that they don't. As traders, we are always playing catch-up with new information. As systematic trend traders, we are searching for the probability of what will happen next, sometime in the future. Punting on those probabilities can be hazardous to your wealth & emotions. The times when you get it right, can compensate you for the cost of constantly having a go. [B]Do the charts tell a story for you?[/B] The red & green lines are the support & resistance lines for the 10 & 50 weekly periods. [B]Looking at the chart of [BUB][/B] It should be oblivious why it's being cut from the team. [ATTACH=full]105577[/ATTACH] [B]Now let's look at these charts[/B] What do you see? What is the story? Why are the positions being sold? [B]PRU - Perseus Mining [/B] [ATTACH=full]105578[/ATTACH] [B]REX - Regional Express[/B] [ATTACH=full]105579[/ATTACH] [B][B]Looking at the chart of [BFG][/B] it looks so good !![/B] Why is it being cut from the team? [B]BFG - Bell Financial Group Limited Ordinary [/B] [ATTACH=full]105580[/ATTACH] [B]Hopefully [/B] Some members may like to "express their opinion" on the charts above or why the positions below in the list are being axed from the team. [B]It pays to remember[/B] There is no "right or wrong" answers in the "Dump it here" thread but a variety of opinions, one very good opinion has already expressed by [USER=81607]@martyjames[/USER] [ATTACH=full]105581[/ATTACH] Skate. [/QUOTE]

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