This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

LEG - Legend Mining

Jump to new
2020, i bought mox yest at 57.7, got out at 75 today, thinking i was sooooo smart too

I got back in and out 5 more times today mind you, but still, would have been comparable and easier profits with patience i guess

But, take your profits, and who knows whats coming up
 
pharaoh said:
2020, i bought mox yest at 57.7, got out at 75 today, thinking i was sooooo smart too
Click to expand...
MOX!! MOX!! dont tell me about mox mate - stocky suggested that this morning on the "outstanding breakouts" - you think i got any - course not, i'm too bludy busy at work arent I... andthey only went up what 86%??
pharoah - you poor bugga - you have such problems lol.
If only every day was like this and I used to get excited when i won $5 at the craps table lol.
 
StockyBailx said:
hA Ha, New territory!:
Click to expand...
My sencere apolagies to 2020 Insight. I hope he had brought back into this one and got his money back! I quess if you can read into your own and its a sure thing on your own account, then they are worth your upmost respect.

Its seems this one has still got the legs on it to be had. A bit of a legend after all.
 
StockyBailx said:
2020... I hope he had brought back into this one and got his money back!
Click to expand...
Stocky, Thanks for the graph - Now I can see where I went wrong lol. In the words of us classic chartists its the ole "kid scribbling on the wall and the crayon slips" type behaviour!

Heres where you have to be philosophical.
I was going to assume it continued that ole sine wave.
Got in at 0.42 Monday 2 Oct, I made 14 (odd)% in a week and got out
next day it went up 20% in a day
since then a further 15% (all compound percentages)
So ... Do I winge about the fact that I only made 15% when I shouldve made
60% (simple percentage). Or do I thank Buddha that I didnt lose ?

Sometimes I think Buddha is getting deaf - I really have trouble hearing him when I ask these questions! ..Ahh he who takes his profit and runs away returns to come back in another day

(PS LEG stepping up exploration inWA - announced 5 Oct as I recall) That's what's called "a jag" mate - not an Etype, the fishing with only a lure type lol.

PS IF I had time to sit and wtach the movements of market depth etc , I would probably sell AFTER the first hint of downward movt. But when you can't do that you toss a bludy coin and get back to work.

PS I notice Im even giving you a run for yr money on the tipping comp - which just goes to prove that theory about the monkey throwing darts at the New York Times lol.

PS OR I guess you could do what Pharoah did and go in and out 5 times in the one day - sheesh if only
__________
Disclaimer - This is NOT an intentional attempt to ramp up my LEG. Or anyone elses LEG for that matter - Or to get my LEG over some goal or hurdle.
 
2020hindsight said:
Stocky, Thanks for the graph - Now I can see where I went wrong lol. In the words of us classic chartists its the ole
Click to expand...

Geer Up! I could never do what pharoh did. Although I must admit when your on a good thing and you lose it, in the heat of the moment. Things become a litttle hectic, you lose control and faith in yourself. Its all in the attatude. Don,t daytrade if you havn't got the money.

If you start to do the day daytrade seen in order for the quick bucks, thats all good. But if you start Buying and selling the same trade, then Stop right there take breather. and a good look at your self and exactly what you are hooking up with, because as the saying go's 'there are prenty of fish in the sea'.

GPO, Gps Online is a good e.g. As you seem to have a good charactor referance, so do the stocks. Buy using Bollingerer Bands, and all your present values is a good way to judge a stocks charactor. Aspecially after studing and comparing all your different stocks and there trends.

We all like to go fishing and throw our 2bob in water to see what we can catch. And I guess you must be in right spot at right time and of course your navigation and patients is of the upmaost importance.

When your bringing them in always best to play your catch get a feel of the bugger and most certianly don't jag him in, your line will snap. Then what do you know, you end losing a big groper, or worst still a kingie. Then before to long there goes the boat and then the sheep station.

And I most ceriantly wouldn't sell because of a little downward preasure. I mean you must respect to get respect in return. I also notice you like to wink your stocks away, To me thats denile and I would rather be unhappy.

Anyway keep up the good work and all the best.
 
LEG

Nice breakout late in the day.

Picked up at .09c

Cant see a thread on this?
 
I got stopped out on this the other day, cancelled another order yesterday after I had doubts, definitely worth a look tomorrow with another tight stop just under .078, sound ok to you Tech? I didn't see it today as the volume and increase were just under my radar (mrkt activity).

Another cup and handle, these things are very powerful patterns indeed!

Cheers,
 
CanOz

Sounds fine but for me the stop is a bit wide.I would want to see this just go on with it.
My analysis has this at 10.5c to 11.0 for this current move,depending on which analysis you use.

(Triangle,Fib extension,Elliot). Gives an idea anyway.
 

Looks like a nice count, I get a wave 3 ending between 0.12 & 0.14 (162% of wave 1 brings us to 0.14 & 262% of wave 2 to 0.12.

I may see if it pans out and try and trade the wave 5 because risk/reward wouldn't be good with a stop at 0.075 (top of sub wave 1) which would invalidate the count.

It has good volume on the up days and low volume on the down days, never a bad sign.
 
Porper.

My Elliot Skills are less than Perfect.Have studied it but only use the principles as an interest value really.Mean to spend the time becoming proficient.Watching guys like Radge which I know has spent years from scratch mastering the topic,has me envious of their abilities.
But their accuracy in postings tell me its worth the time and a great tool to be used in conjunction with (for me) price action.
 

I subscribe to the chartist, so get Nicks teachings every day on Elliot wave counts etc.Best thing I ever did, although I consider myself a novice still. I agree I think a lot of practice and study on Elliot wave and Fib levels gives an extra edge to us, at the very least it gives a valid reason to enter & exit a trade ( good for the psychological part of trading).

I think you need to believe in it in order to put the effort in to learn though, and enjoy it of course.
 
Yeh Radge would love me as a student again!!!

Hmm Think I'll make his 2007!

I'll bring my Irish mate.
 

Attachments

  • Daffy Oh rly.gif
    21.6 KB · Views: 154
LEG and EMP both in trading halts at about the same time. Is there a connection? Interesting.
 
You must log in or register to reply here.

Similar threads

February 2025
2
Replies
33
Views
2K
ducati916
How valuable are two parent families?
2
Replies
28
Views
3K
Value Collector
Basic chart analysis/chart reading 101 for beginners
Replies
10
Views
4K
Gunnerguy
G
J
The 'plan'
Replies
5
Views
2K
ducati916
R
6 Ways to Make Smarter Investment Decisions
Replies
0
Views
2K
RickyY
R
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...