Australian (ASX) Stock Market Forum

The losers thread

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nulla nulla said:
Forgive me father for I have sinned.....I doubled up on AMP as it fell from $12.00 (some years back) before finally cutting my losses on a bounce...
I would like to think I have learnt from my sins and will not repeat the errors of my way. If I should be so fortunate to live long enough to see a real recovery, I will stand repentant and work hard not to repeat my previous sins.
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Forgive me father for i have sinned again....AMP was too tempting at $4.35 and i raided the kiddies piggy banks so i could buy some.
 
I to have been a loser. years ago when starting off on my road to comfort and I stress comfort not looking to make millions why push for riches then my kids get it and never learn to work for things.

I had the opportunity to buy a house accross the road for me for $83,000 it was a 7yr old 3 bedroom brick spec home. Built after I built my place so I knew its history. I decided that I could not stay stress free living across the road from my investment property. everytime i saw a party on I would wanna go over and inspect the place. So I decided to invest elsewhere at a greater cost ...my first DHA Home.

Not long later they announced a new university was planned in the town and prices rocketed the same house a yr later sold for $280,000.

I suppose I shouldnt bitch, I brought my block of land for 32k house cost me 70k to build back in 1992. I own it outright and it is valued at 300k or was 6 mths ago. I have no intentions of moving why should I ,friends ,club, and everything I need is close by.

But since then I have never let my heart rule my decisions I knew that house was worth over 100k but the eldery couple wanted a quick sale on retirement ad relocating to family in Tassie, when I rejected it he sold it to a workmate for the same price.

I suppose I cant complain tho, I have 2 DHA Homes one with 10 + 3 yrs and the other with 5 yrs. By then we should be over this pothole in the road to happiness

UBIQUE
 
Hi, my name is viva_las_vegas, and I am a loser.

I will be running a seminar soon called "How to halve your money in 3 months", please if you are interested let me know. Or if there are any shares that you want to get rid of at top dollar then I will buy them and sell them cheap. BUY high, sell CHEAP is my mantra. As is panic with every SP movement.

I have continually shown my ability in being a loser by buying BNB thinking it had bottomed in Nov 08 (we all know how that story ends). I have also done a stupid thing called HFA.

I will continue to do stupid $h!t and attend these looser meetings as I am a slow learner.:banghead::banghead::banghead::banghead::banghead:

PEACE OUT HOMMIES!!!
 
Viva you may be on to something there,

Judging by the storm debarcle there are plenty of people out there who might be intersted in a Losers self help group. I could base it along the lines of AA.

Payment can be made via cash or share transfer. DEF NO CHEQUES.

Anyone interested in attending please contact me. Fee's to be based on how much you have lost ie the bigger the loser the more you pay.

Seminar's Motto "Dont worry Be Happy" if your feeling worried or have the urge to throw more money away call me one of us may as well benefit from your urgent desire to throw monwy away.


UBIQUE
 
of course you guys are onto something....people will pay money to learn your secrets...regardless if the secrets useless or not...

now as far as getting back into the stock market...well unless you are a day trader...or a successful trader....stay away....
or better still...have a read of '36 strategies of the chinese'..by Darryl Guppy
I remember some of them...but the one that sticks out is waiting for the 'confirmed uptrend ' before heading into a stock.....
of course you miss the bottom of the stock....but you also miss the top if it goes back down again...

I know someone who cried when AMP first floated and hit 18....but then was extrememly happy to get it years later for 5.00....but because they are a long termer...they are still holding....now back up to 4.80...
there is karma for all out there....but some have lost everything....and others not quite game to gamble with whats left
buying opportunity's are coming in the future though:sheep:
 
Gee...

This thread was started for me I feel. I was a full time trader at one point, even started having good success stories, then I just felt that trading was no longer for me, and totally lost interest in the market, and no longer followed stock I still held (note: should have sold everything and got out).

Subsequently, everything went bad, but I did not watch it and later found out the bad news.

However, I am back, but not doing as good as before I switched off from the market, and even worse, I have on paper lost money.

:banghead: coming back for a second chance to be Australia's Biggest Loser, or will I eventually get back on track, and make a few pennies?

I will keep you posted ;)
 
Holy you will probably find that market conditions have changed since you last traded and the methods used will no longer work.:2twocents

Good luck.
 
Holy...I did not have you in mind......but thought a losers thread may be appropriate at this stage in the GFC

kincella said:
I thought it appropriate I start a thread that is the opposite of the 'rich peoples thread'.....however I doubt it will be as popular....since most people do not like to think of themselves as a loser.

the average joe thinks anyone that has more moneythen he, is a tall poppy....and they love to bash the 'tall poppy' types....


am wondering if I should have called the thread...how to become a loser, then we could all share our stories about how we lost big time.....and the best ways to become a loser......there should be more stories on how to become a loser than there are on how to become a winner....since there are so few winners...but thousands of losers ???
or the suckers thread.....
cheers
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nulla nulla said:
Forgive me father for i have sinned again....AMP was too tempting at $4.35 and i raided the kiddies piggy banks so i could buy some.
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Well, I sold at $5.00 intending to get back in on any retrace, but AMP kept going.......ha! ha! ha! Even when I win I have a lose.
 
Well I pity all you losers. I, on the other hand, am a GENIUS. Many years ago I picked up westpac at $2.80 because I figured the news couldn't get any worse for them and they couldn't possibly go under! (yes that was the the extent of my research). Sheer genius............
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Apparently someone who looked a lot like me sold them at $3.75 and ploughed the proceeds into some penny dreadful as reccomended by my brother in law's workmate (yes that was the extent of my research) which apparently was teetering on the precipice and only needed the weight of my $ to tip it over!!!!


Ah well it was only the $ I had been saving for the kid's future and it was not nearly as painful as living through 5, sorry 6, Geelong grand final defeats: mad::banghead::mad::banghead::crap::crap::aufreg::banghead:.....Talk about feeling like a loser, but that would be for a different loser thread I suppose.:
 
Warren Greenspan said:
Ah well it was only the $ I had been saving for the kid's future and it was not nearly as painful as living through 5, sorry 6, Geelong grand final defeats: mad::banghead::mad::banghead::crap::crap::aufreg::banghead:.....Talk about feeling like a loser, but that would be for a different loser thread I suppose.:
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lol, at least you eventually saw them win 1:p: and they should win another this year unless they choke again:eek:
 
Yeah you're right NM4. I just hope some other team takes out your lot before the big one. You've certainly got the wood on us.:mad:

As I was writing the previous post I was smiling to myself and wondering how long it 'd be before you replied. You were most restrained!!!!!:)
 
Warren Greenspan said:
Yeah you're right NM4. I just hope some other team takes out your lot before the big one. You've certainly got the wood on us.:mad:

As I was writing the previous post I was smiling to myself and wondering how long it 'd be before you replied. You were most restrained!!!!!:)
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lol, got me on a good day.

Although my brother inlaw who is a Geelong supporter doesn't think I'm so restrained and he is still bitter about the 89 GF. I'm sending him a copy of the 2009 GF for his birthday, might have to chuck in a copy of the 89 one as well:p:.

PS - I watched a replay of the 2009 GF on the weekend and it was a great game especially the first 3 quarters.
 
And continuing to show concistance with this "loser" theme, I admit that I support Melbourne. Go the Demons.......ha ha ha.
 
nomore4s said:
lol, got me on a good day.

Although my brother inlaw who is a Geelong supporter doesn't think I'm so restrained and he is still bitter about the 89 GF. I'm sending him a copy of the 2009 GF for his birthday, might have to chuck in a copy of the 89 one as well:p:.

PS - I watched a replay of the 2009 GF on the weekend and it was a great game especially the first 3 quarters.
Click to expand...

You've already watched this year's grand final? Wow! The Hawks win back to back! Can I have next week's Lotto numbers please!!?? :p:
 

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