hangseng
Gong Xi Fa Cai
- Joined
- 19 March 2007
- Posts
- 1,069
- Reactions
- 2
H/S
T/A used correctly is a map.
(Not many T/As are good exponents they have inferior maps.)
If the map doesn't pan out then you do something else.
Everyone who uses T/A will be wrong--Im wrong often.
Its what you do when your both correct and in correct that matters.
Thats why F/A people think T/A traders are like women---changing their minds like they are switching pairs of shoes.
The evidence shown to a T/A will alter daily.
For some of us every minute.
Its about
Prove
Disprove
Prove
Disprove.
As you'll note I have a point where the analysis is wrong and a point where my risk to profit is un acceptable---to me!--why--because I actually trade!
Everyone who uses T/A will be wrong--Im wrong often.
"Nice and simple uncomplicated TA and sound fundamentals seem to be doing it for me. The combination of the two IMO is a winner, one without the other is definitely not for me."
Hangseng,
Then why did you hold from double digits down to sub 3c? Technically there were many sell signals along the way. You ignored all of them and stood in front of the moving train.
"Nice and simple uncomplicated TA and sound fundamentals seem to be doing it for me. The combination of the two IMO is a winner, one without the other is definitely not for me."
Hangseng,
Then why did you hold from double digits down to sub 3c? Technically there were many sell signals along the way. You ignored all of them and stood in front of the moving train.
If you can't contribute meanigful TA or FA, as seemingly you can't by that post, then why post at all.
You don't know me, nor do you KNOW what I did and did not do. You like so many others have no idea what I did, or do. You just like to have a go and make assumptive statements without any idea at all.
If you can't contribute meanigful TA or FA, as seemingly you can't by that post, then why post at all.
Sound advice you should take it.
Help me here, I'm looking for some "meanigful" (sic) TA or FA...
"I have long waited for this day...
Ever wondered why I never once wavered in my belief in PEN?
Why my belief that a small company I came across that was seemingly unloved by the market had outstanding management and potential?
Why my belief that nuclear energy was the way of the future world energy needs and that the uranium price would rebound strongly?
Why my belief that ISR mining would win ahead of conventional mining die to the notably lower Opex and Capex of this mining process?
Why my unwavering belief that both 'Sundance' (now the Lance Project, Wyoming) and Karoo S.A. would turn a penny dreadful play thing of book posting day traders into a company of investment and real investors?
Why my belief in my own research and continuing faith in myself that I had made the right decision to invest so much into PEN?
Why I ignored the negative sentiment and noise of forums and analysts that simply called it wrong regarding the uranium industry?
Why I challenged openly the many that bagged PEN (and me) and tried to personally discredit the MD Gus Simpson, a person I now admire and respect greatly. Many of them with blatantly false information and some even openly lying under the guise of multi-nics?
Why I continued to buy when PEN was sold off and never once panicked and tried to convince others not to let negative sentiment get to them and just believe in their own research.
Why when others were saying sell as PEN went down, I was buying?
Simple...
Dare to believe in yourself and your dreams...Just believe."
Forgive me for not Drinking the Kool-Aid!!!
:bananasmi:bananasmi:bananasmi
Chalea are you writing a biography or do you have a target date for your "prediction" of PEN going lower? This is going to be interesting. All the time you called PEN to 2c, PEN kept rising all the way to 15.5. So what is to be this time around in the Chalea tea leaves?
My credibility on this thread is preeminent...Chalea, your repeated mockery of 'imminently' is no longer relevant as that is the past. You'd do your credibility some good by giving a timeframe for your price predictions as Hangseng has suggested.
Credibility goes to those who believe in themselves and their analysis enough to have traded it and better still made money on it.
Other wise your just a masterbeta- someone who puts their hand in their pocket and brings it out wet and trembling rather than with money in it to put on the table and do it for real!!
Ya all know which one you are:bananasmi
"Japan will lose its last nuclear- generated power in April at the current rate of shutting down reactors for safety checks, cheering opponents of the industry after the Fukushima disaster..."Don’t get carried away with uranium rally. After months of dreadful performance, it is likely that this rally is somewhat premature and that recent gains may be pared back if the uranium spot price does not back up the equity gains”...
...excess inventories in Japan pose a risk to prices, as does a potential increase in sales by the U.S. government."Link
Chugging along as expected.
Gap acted as support.
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