Lost all my money on CPU

[bonkers]

Lost all my money on CPU--severe correction--oh well never mind.

 

[Julia]

Lost all my money on CPU--severe correction--oh well never mind.

Bonkers:

Just had a look at this. The correction doesn't look all that severe.
Did you actually sell it, or do you mean on paper you have lost?

Julia

 

[wayneL]

Lost all my money on CPU--severe correction--oh well never mind.

If that move has blown you up then it looks like you've over-leveraged. CFD's?

 

[happytrader]

Bonkers:

Just had a look at this. The correction doesn't look all that severe.
Did you actually sell it, or do you mean on paper you have lost?

Julia

Thats a good point Julia. I personally think that those giving perspectives from a paper trading point of view should say so. That way no one gets the wrong idea. I have known lots of 'very successful' paper traders but few ever make the grade into reality. Its probably because theyre not really putting 'themselves' in the picture.

Bonkers

If that was a real loss, hey it happens to all traders some of the time. May all go well for you next time. Take good care of yourself.

Cheers
Happytrader

 

[michael_selway]

Lost all my money on CPU--severe correction--oh well never mind.

all your money? u spent alot on it? are u diversified?

personally i think CPU is still ok long term, even if u bought it at a high price recently

 

[bonkers]

Hi folks==I indend to rebuy some tomorrow and begin an accumalative exercise on CPU--I'll only be a small player --I managed to do okay up untill tragedy struck--I'm indicating that I think it is a buy--huge volumes. well above average.
Thanks for the good wishes everyone.
bonkers

 

[GreatPig]

bonkers,

I'm indicating that I think it is a buy--huge volumes. well above average.

Friday's volume was about double the 100 day moving average.

Why do you think that makes it a good buy?

Cheers,
GP

 

[bonkers]

Hi Great Pig--I spend a lot of time--timing everything I do--probably should have paid greater attention to the pricing--a number of key days coming up this week--it will rise from it's lows made earlier in the year and longer term.
It can be valued higher considering all of the interest rate rises that have happened. Merril Lynch valued (subject to interest rates rising.) at 6.71--up 6c---October 6th. (October 5th---start Ramadan--biggest one day fall on the ASX since September 11th 2001--the tv set reported.) (two ways of looking at the equation--CPU has recently come down--to meet the serious money---now it's going to rise on that same serious money.---regards,--bonkers

 

[wayneL]

I'm lost.

WTF is going on? You said you lost all your money. Now your going to buy? What with if you lost all your money?

Is this some kind of ramp?

 

[bonkers]

Hi WayneL--got a few hundred bucks left--good sharetrader forgets about past losses--acknowleges them--learns from the mistakes made, then pushes on.
bonkers

 

[tech/a]

Yep.

BONKERS
Just about covers this thread.

 

[GreatPig]

a number of key days coming up this week--it will rise from it's lows made earlier in the year and longer term.
It can be valued higher considering all of the interest rate rises that have happened. Merril Lynch valued (subject to interest rates rising.) at 6.71--up 6c---October 6th. (October 5th---start Ramadan--biggest one day fall on the ASX since September 11th 2001--the tv set reported.) (two ways of looking at the equation--CPU has recently come down--to meet the serious money---now it's going to rise on that same serious money

Well I have to say, if you're going to base leveraged short-term positions on a few cents worth of difference to a broker or other company valuation, then I think you'd be a lot better off sticking to Lotto

Cheers,
GP

 

[bonkers]

Your most likely right Great Pig-----It's been my million dollar baby for awhile--now I have to start off afresh--need to be Houdini on it.
bonkers

 

[bonkers]

Re:Have bought CPU

Have bought. Start all over again--this time as I accumulate through time--I'll maintain a rigid stop loss---and not move it--when it retreats. I'll also consider bringing my average price paid down, by selling a few extra's at highs. I'll also allow a greater margin for safety. It's been a hard days night and I've been working like a dog.lol--Fridays low the 9/12 was 6.61
Regards,---bonkers

 

[Julia]

Umm, wonder why I feel confused?

Julia

 

[tech/a]

Dont know if you've noticed but there are a few other stocks trading.

Many which are doing considerably better than CPU.

"Humans are generally fairly stupid.They tend to do the same thing day after day and expect a DIFFERENT result"

 

[happytrader]

Hi Bonkers

I'm glad you were able to get back up again. Looks like it would have been well worth your while today.

Now would you like us/me to email you when your stop loss is hit so you can stay true to your word/self and system?

If you can follow your next 5 trades to the letter that will really build your confidence big time.

All the best for your success

Cheers
Happytrader

 

[tech/a]

Hi WayneL--got a few hundred bucks left--good sharetrader forgets about past losses--acknowleges them--learns from the mistakes made, then pushes on.
bonkers

I'm sorry Happy I dont buy this guy.
With $300 thats 45 shares at 23c profit today thats $10.35.

The thread and its contents are a joke.

Bonkers yep gullible Aussies.

 

[bonkers]

Cheers everyone I'm maintaining good health even though I've lost some money--proper nutrition is essential--I'm drinking some Dairy Farmers milk (win John Farnham concert tickets.) I should have it drunk by it's expiry date of the 23/12/05 see how I go.
Regards, bonkers

 

[clowboy]

WTF?


Does someone need posts for the tipping comp?

what the hell does milk have to do with the price of eggs?