TraderFeed - Brett Steenbarger, Ph.D.

[kahuna1]

I don't see the hilarity I'm afraid.

Sadly I do. That is enough.

Take care

 

[tech/a]

Can someone shed some light on this
I'm completely in the dark here.
Perhaps P/M me.
Thanks

 

[ducati916]

Looking at the examples provided in this thread so far, most, deal with the process of trading: ie finding a profitable methodology. Few of the examples deal with 'psychology' per se.

The thing is this: his [Steenbarger's] repertoire of trading strategies [seems] limited. Not everyone will gel with a purely technical approach to the markets.

So here we return to the same problem as initially highlighted. It is not the methodology that is the problem for traders: it is their ability to execute. Take the famous 'Turtle' experiment: profitable methodology provided. Rules explained in detail. Money provided. Only 1 or 2 actually capitalised on the opportunity.

Execution.

Execution is another word [in this context] for psychology.

The methodology has to be built to the psyche. You will not [or only very rarely] build a psyche to the methodology.

Here are some of the links provided so far on this thread:

https://traderfeed.blogspot.com/2019/04/a-formula-for-trading-and-investing.html

Methodology.

http://traderfeed.blogspot.com/2019/04/four-essential-ingredients-of-trading.html

Methodology

https://traderfeed.blogspot.com/2019/02/the-fallacy-behind-conventional-trading.html

Methodology.

https://traderfeed.blogspot.com/2019/02/taking-ego-out-of-trading.html

Psychology.

https://traderfeed.blogspot.com/2018/12/navigating-turmoil-and-opportunity-in.html

Methodology

http://traderfeed.blogspot.com/2017/07/beyond-coping-inspiration-mindset.html

This is just twaddle.

jog on
duc

 

[ducati916]

If you are given a profitable strategy [methodology] and you fail with it, almost by definition, you will be executing poorly. It is in this scenario that Steenbarger operates. The system is profitable. The trader is the weak link. Can psychological intervention/coaching/etc, turn this chap around?


duc

Actually this on the evidence provided through the links, I am incorrect.

Steenbarger does not seem to address the trader psychology as much as he actually seeks to educate them to his style of trading [whatever that actually is].

This is even worse than first indicated. At least [academically] his area of expertise is psychology. It would seem however that he is a 'trading' coach in the context of methodology. If that is the case, then he really operating outside of any area of expertise and his trading record is very much a live question.

jog on
duc

 

[ducati916]

Do you really need to be on BRW's rich list?

1. To be successful do you really need to trade for a living?

2. Everytime I see an educator mentioned on ASF they end up being
canned. Everyone of them. So How do you learn?
When can you offer something up?

3. How did you learn (anyone can answer this question).

4. Personally if I think someone has something to offer then Ill pay them
to gain from them what it is I think they have that Id like to learn or gain.
Some pan out others don't.
My choice. I learn by learning or NOT learning!

5. If I have something someone perceives has value to them and offers to pay for it
I MAY (Never have yet) take up that offer. Why wouldn't you in any field.

6. My boxing coach boxed professionally and lost more fights than he won. I payed
him to learn boxing--- was his skill less valuable?
Since then MMA came around and exponents of Krav Maga. Deadly. On the
street Id rather be proficient at Krav. So I pay to learn. Is my boxing coach less valuable?
He doesn't practice Krav!

1. Clearly the answer is no.

2. I don't follow this topic closely [at all], but my guess would be that they do not reveal all. They tend to hold back [if they have a legitimate edge] or, they have no edge worth anything in the first place.

3. Books, practical application, school, mentors, coaches, in no particular order.

4. Yes. No issues.

5. Yes. But you must have a legitimate skill to sell. It must fulfil their requirement of purchase.

6. As a novice, your coach knows more than you. If you were seeking [aspiring] to turn pro, would he still be your coach, or, would you seek someone at that level? Once you reach the level of your coach, or exceed him, generally you need to move on.

jog on
duc

 

[kahuna1]

If that is the case, then he really operating outside of any area of expertise and his trading record is very much a live question.

This is the issue for me. You have hit the nail upon the head.

I learnt not by sitting next to the worst trader, or copying the lowest least profitable one, I did the opposite, whist working inside my own strengths and abilities.

Being taught to play the piano by someone who cant play the piano, is in itself idiotic.

Becoming the next Mozart, even a decent piano player, is unlikely when being taught by a plumber who cant play.

We are NOT talking about coaches in sport, and I am sure Tiger Woods does not take tips on his golf swing from his hairdresser.

I did take the time to read this persons trading blog. His versions of his CV.

Being honest, as I was, offended some. Such is life.

Some people find meaning and direction from the strangest of places.

Who of what I am is irrelevant, as always. Opinions as to that, are as they say, like assholes, everyone has one, an opinion and like assholes, everyone else's stinks.

Sorry for the spelling but I am sure ... using the correct spelling will raise red flags.

 

[barney]

Steenbarger does not seem to address the trader psychology as much as he actually seeks to educate them to his style of trading [whatever that actually is].

I've listened to a bit of his stuff and I have always thought his approach was more psych orientated.

His "style" I guess given his Interviews is based around treating trading like a "performance" ….. He states traders need to practice their skills, recognise their weaknesses and constantly review and journal their successes and losses.

6. As a novice, your coach knows more than you. If you were seeking [aspiring] to turn pro, would he still be your coach, or, would you seek someone at that level? Once you reach the level of your coach, or exceed him, generally you need to move on.

Maybe not Duc ….. If that were the case Mike Tyson, Tiger Woods etc etc would be the best Coaches of all time in their respective fields ……….. Great performers are often terrible Coaches.

I learnt not by sitting next to the worst trader, or copying the lowest least profitable one, I did the opposite, whist working inside my own strengths and abilities.

Steenbarger would very much agree with that philosophy I'm sure.

He states that he does not Coach "privately". His job was essentially to hire traders with appropriate "personalities" to trade for large hedge funds. Many would have no doubt been far better traders than he was but his skills were obviously considered valuable.

We are NOT talking about coaches in sport, and I am sure Tiger Woods does not take tips on his golf swing from his hairdresser.

If Tiger's hairdresser was game enough to offer him a tip/tips, I bet Tiger would listen and digest the information before dismissing it though

I've found over the years that even the so called worst player/performer/musician/sportsperson can sometimes teach you something valuable … There are diamonds in the rough
​

 

[Gringotts Bank]

...even the so called worst player/performer/musician/sportsperson can sometimes teach you something valuable … There are diamonds in the rough

Yeh it pays not to block people on forums. Plenty of people have a really good feel for SP movement, even if they have no market knowledge.

 

[barney]

Yes because playing is one skillset and coaching is another.
I do the trading and my own self-coaching. They are completely separate activities.

Sorry missed this earlier post Gringo ….. you pretty much stated what I was trying to say in my last post

ie. Good Coaches are good at coaching … and often get payed well for coaching well

Good sportsmen/traders/musicians/(insert whatever) may be brilliant in their chosen field but may not be able to teach/coach anyone jack sheet …. horses for courses.

As far as Brett S. goes … He seems to be well respected in the industry … Generally in life if you're dodgy for an extended period of time … life tends to catch you out … he's still around.

 

[ducati916]

Sorry missed this earlier post Gringo ….. you pretty much stated what I was trying to say in my last post

1. ie. Good Coaches are good at coaching … and often get payed well for coaching well

2. Good sportsmen/traders/musicians/(insert whatever) may be brilliant in their chosen field but may not be able to teach/coach anyone jack sheet …. horses for courses.

3. As far as Brett S. goes … He seems to be well respected in the industry … Generally in life if you're dodgy for an extended period of time … life tends to catch you out … he's still around.

1. Yes, we agree on this point generally speaking. Where we disagree is at what level of competence that coach must have himself, to coach. My assertion is that they need to be 'successful' in that undertaking, viz able to execute practically, to some better than average standard. That does not mean the 'best' in the world. What I am objecting to is the purely 'academic' coach, one who does not [cannot] execute in practical terms and never actually competes himself.

In terms of 'trading' this means that the coach can trade profitably. He doesn't need to be a Paul Tudor Jones or a Warren Buffett, just profitable.

2. Agreed. However, again, I am not requiring #1 in the world, just that they can actually 'do' to a certain level, what they purport to coach. You wouldn't [presumably] take a primary school coach of football and ask him to coach Barcelona.

3. Yes he is. But going to the primary examples that are available to us [public] on his blogs/books/etc, is that reputation really deserved? Certainly nothing evidenced on this thread has been overly impressive to date. That could change.

From what I remember, when he engaged on public forums [such as this] in the early noughties, prima facie, it appears impressive, but, practically, day-to-day, it had poor application. That could simply have been a personal failing, possibly my memory on this is poor, but re-reading some of his current stuff...

jog on
duc

 

[ducati916]

Yeh it pays not to block people on forums. Plenty of people have a really good feel for SP movement, even if they have no market knowledge.

Until you are accountable for the consequence, it means nothing.

In trading terms, whether you are profitable.

Alternatively, if you are still in the learning phase and you want to 'paper trade' your methodology, trading it in public [forum/friends/whatever] adds the pressure of being accountable. It is not as intense as actually trading money, but it adds some pressure. We all like looking good.

jog on
duc

 

[kahuna1]

If Tiger's hairdresser was game enough to offer him a tip/tips, I bet Tiger would listen and digest the information before dismissing it though

I've found over the years that even the so called worst player/performer/musician/sportsperson can sometimes teach you something valuable … There are diamonds in the rough

In fact, the most successful people, TUNE OUT NOISE .... listen to few ... digest their thoughts and proceed.

That's how they improve. Seriously ... listening to an imbecile for 20 minutes !! Oh that's going to help me. Must run and learn off the non piano playing person how to play !! Maybe in Tigers case if the hairdresser is cute ... he listens but its about SEX ....

Yeh it pays not to block people on forums. Plenty of people have a really good feel for SP movement, even if they have no market knowledge.

Hilarious ... feel for stock price movement ?

If one doesn't tune out drivel ... imbeciles ... racists on this site ... people with no idea, they just waste your time, and reading say 10 posts of theirs, one can work out if they say anything interesting or not.

Is it someone cut an pasting idiotic views ?

I AM LESS INCLINED to listen to them.

Last night I turned on the TV and hey ... instant laxative an economist, the WORST in Australia was speaking and he seemed to have stolen my 1980's suits, had a tube of teeth whitener ... he is close to 70 and was sporting a bad hair dye job, whilst ... trying to look like he is 30. Anyhow, his track record and at one time he had some input into investment decisions at his company ... it IS with the worst track record of the BIG investment companies ... he was sprouting his new theory.

Why the hell would one listen ? With a terrible track record ? Next they wheeled out the second worst fund managers economist and a sub market performance of similar scale to the first idiots company, about 4% UNDER the index over a long time .... and he drooled more stuff.

Are you hoping he is RIGHT this time ? After being wrong and so wrong over the past 30 years ?

Why would one listen to that record ? Why would Tiger cloud his mind listening to his hairdresser ? He would, but it would be likely about SEX, not golf tips ....

TIME is NOT an infinite resource. WASTING TIME ... with imbeciles theories ... MY OWN included are not going to help you. If someone has a great track record, listen, sift noise and discard rubbish. If someone is an imbecile, or someone you don't know, read their stuff and go, what crap, your suggesting listen ?
Far out ... how silly ...

As to listening to some guy ... who claims he caught a frog ... hmmm

On this basis, please put ME on ignore. Because, I think listening to some person on a chat site talking about his feelings for a stock .... you need your MIND READ.

That is. if even this training person can find it !!

If someone is discussing what is going on at the company, or their view as to its business or future, fine. But too often we have ... oooh I love this stock its a triple divergent on the oscillating base, and o just have this feeling. Are people that silly ?

I have this feeling, that you ... should go to the bank, get what little money you have left and take it out in $100 - bills and walk into the middle of a crowd and throw it all in the air. You will do better than following what someone who has a feeling about a stock has.

Feelings ..... ooooh feelings ... I am singing here ... feelings ... I am now crying .... whilst singing .... feelings of the way you were. .... sob sob sob ...

As to this turnip, selling his course .... like Trembling Hand ..... since he was an arrogant imbecile ... and NOT a good trader, three prop companies in short order ... should speak volumes .. , or this bookseller making you feel good, trading wise ... each to their own.

My pet rock makes me feel warm and fuzzy.

Please please put me on ignore !! Identify yourself in the street if we ever meet so I can ... pretend not to speak English.

Oh I know ... go buy a course off this guy and he will help you better than listening to someone with feelings about a stock based upon solely the share price movement, which is akin to driving blind.

Did you know prior to Shearson Lehman going broke its chart looked golden about 10 times ... any look at its accounts, and you would have run 100 miles. I note EDE is being pushed again by someone with Divergent feelings on this site ... I had a divergence last night and it cleaned my insides out.

I wish you good luck after the quoted comments.


Have fun

 

[barney]

In terms of 'trading' this means that the coach can trade profitably. He doesn't need to be a Paul Tudor Jones or a Warren Buffett, just profitable.

Appreciate your points Duc.

Without wanting to go round in circles; just an observation ….

Is it possible that if BS. was just an average/ordinary/ok/ trader, perhaps his psych background in recognising and dealing with human traits/failings etc. may have been enhanced by his own "failings", which in turn could actually improve his ability to train??

I agree that if he were a mediocre or poor trader however, his value as a Coach would be limited. It seems unlikely that large hedge funds would pay him big bucks under those circumstances though?

 

[Gringotts Bank]

In fact, the most successful people, TUNE OUT NOISE .... listen to few ... digest their thoughts and proceed.

That's how they improve. Seriously ... listening to an imbecile for 20 minutes !! Oh that's going to help me. Must run and learn off the non piano playing person how to play !! Maybe in Tigers case if the hairdresser is cute ... he listens but its about SEX ....



Hilarious ... feel for stock price movement ?

If one doesn't tune out drivel ... imbeciles ... racists on this site ... people with no idea, they just waste your time, and reading say 10 posts of theirs, one can work out if they say anything interesting or not.

Is it someone cut an pasting idiotic views ?

I AM LESS INCLINED to listen to them.

Last night I turned on the TV and hey ... instant laxative an economist, the WORST in Australia was speaking and he seemed to have stolen my 1980's suits, had a tube of teeth whitener ... he is close to 70 and was sporting a bad hair dye job, whilst ... trying to look like he is 30. Anyhow, his track record and at one time he had some input into investment decisions at his company ... it IS with the worst track record of the BIG investment companies ... he was sprouting his new theory.

Why the hell would one listen ? With a terrible track record ? Next they wheeled out the second worst fund managers economist and a sub market performance of similar scale to the first idiots company, about 4% UNDER the index over a long time .... and he drooled more stuff.

Are you hoping he is RIGHT this time ? After being wrong and so wrong over the past 30 years ?

Why would one listen to that record ? Why would Tiger cloud his mind listening to his hairdresser ? He would, but it would be likely about SEX, not golf tips ....

TIME is NOT an infinite resource. WASTING TIME ... with imbeciles theories ... MY OWN included are not going to help you. If someone has a great track record, listen, sift noise and discard rubbish. If someone is an imbecile, or someone you don't know, read their stuff and go, what crap, your suggesting listen ?
Far out ... how silly ...

As to listening to some guy ... who claims he caught a frog ... hmmm

On this basis, please put ME on ignore. Because, I think listening to some person on a chat site talking about his feelings for a stock .... you need your MIND READ.

That is. if even this training person can find it !!

If someone is discussing what is going on at the company, or their view as to its business or future, fine. But too often we have ... oooh I love this stock its a triple divergent on the oscillating base, and o just have this feeling. Are people that silly ?

I have this feeling, that you ... should go to the bank, get what little money you have left and take it out in $100 - bills and walk into the middle of a crowd and throw it all in the air. You will do better than following what someone who has a feeling about a stock has.

Feelings ..... ooooh feelings ... I am singing here ... feelings ... I am now crying .... whilst singing .... feelings of the way you were. .... sob sob sob ...

As to this turnip, selling his course .... like Trembling Hand ..... since he was an arrogant imbecile ... and NOT a good trader, three prop companies in short order ... should speak volumes .. , or this bookseller making you feel good, trading wise ... each to their own.

My pet rock makes me feel warm and fuzzy.

Please please put me on ignore !! Identify yourself in the street if we ever meet so I can ... pretend not to speak English.

Oh I know ... go buy a course off this guy and he will help you better than listening to someone with feelings about a stock based upon solely the share price movement, which is akin to driving blind.

Did you know prior to Shearson Lehman going broke its chart looked golden about 10 times ... any look at its accounts, and you would have run 100 miles. I note EDE is being pushed again by someone with Divergent feelings on this site ... I had a divergence last night and it cleaned my insides out.

I wish you good luck after the quoted comments.


Have fun

How I use feeling...

If you were on HC and I saw you posting on a stock, I'd be inclined to take the opposite trade. That's because with an angry mood (which is easy to feel), the quality of your decision making is going to be poor. I'm not trying to be a smart asre; I've learned this through my own experience of trading when in the wrong frame of mind. There are some good research papers which back up this approach.

The only way to know whether Steenbarger is any good is to take 'before and after' snapshots of the accounts of those he coaches. All this speculation about him is pointless. He may be directly creating enormous gains for his clients, or he may be achieving nothing for them. We don't know.

Back to feelings. Have a read of this: https://pdfs.semanticscholar.org/4fa0/9b158340bc22fd898802ccfc8c5ea9643c5a.pdf

My feeling-based approaches to social media are an edge. It's possible to 'thin slice' sites like HC and get an accurate feel of public sentiment. Usually the public are pretty right with their sentiment, but we want to enter/exit when they overreact.

 

[barney]

Maybe in Tigers case if the hairdresser is cute … he listens but its about SEX ….

Now I'm concerned … Tiger's hairdresser is a bloke

Kahuna …. Parts of your last post were amusing … but with all due respect, the supercilious tone and condescending comments were not a good look … in my opinion.

As for @Trembling Hand being an arrogant imbecile (pity he's not here to defend himself) … that is a very poor assessment .... Did you ever get to witness any of his trading because it was eye opening I can assure you.

You are right though … We wasn't a 'good trader' ….. He was a goddamn freak

 

[Ann]

I thought it was about making money.

jog on
duc

Anyone can make money, the trick to success is to be able to make money doing something you love and that you are passionate about.

Stephen Kalayjian is a day trader who sells a trading system, check out his trading set-up. He puts greatness into five words. I can't get enough of positive motivation, apart from everything else it feels so good.

 

[kahuna1]

If you were on HC and I saw you posting on a stock, I'd be inclined to take the opposite trade.

Well hold the press ...
I am calling Warren Buffett to tell him to use a chart, since he doesn't even use a computer and he should use Hot Copper ?

Maybe more relevant, the Platinum fund managers have it wrong. Better the Magellan fund managers and I call Hamish Douglass who ... manages 70 billion, has a very good track record and only made 15.7% per annum .... tell him to read Hot copper all day and stare till blind at a pretty pattern chart ?

Better maybe ... his co-founder and the guy who ran the fund at MFG, now at MFF which he well has made 18% a year for the last decade, still owns about 15% of MFG and similar of the MFF fund he runs.

My feeling-based approaches to social media are an edge. It's possible to 'thin slice' sites like HC and get an accurate feel of public sentiment. Usually the public are pretty right with their sentiment, but we want to enter/exit when they overreact

Ok ... I found the site to be ... well full of stock promoters and its some time since I left. The hot stocks then were RSS range which is worthless .... LUM ... the one with an invention that saved power ... 50% but was turned off half the day .... again bankrupt ... hmm ... VTI Virotech which had a cure for everything which has burnt more money than ... well ... anyone and is so diluted when I looked a few years ago about 1% of value.

Maybe Warren will not laugh at me ... or Hamish ?

As for @Trembling Hand being an arrogant imbecile (pity he's not here to defend himself) … that is a very poor assessment .... Did you ever get to witness any of his trading because it was eye opening I can assure you.

Well he ... and I had a differing view on this site. One of his co-workers Post messaged me here to apologize. I know who he was, where he worked and the prop shop and the owner who provided ... at that time the funds he traded with. So, well ... I did know who and what he was, not what he appeared maybe to you to be.

An aside.

Sorry if you find my posts blunt, but seriously !! IF you could make 16% on your money compounding ... a year as an investor in 20 years, well ... 100k is ? around the 20 fold mark.

I am not about to change. Or adopt a chart only, or listening to the taxi drivers tips, let alone Hot Copper of all sewers .... to drive decisions. It is, idiotic at best. If you don't like that opinion and one I may have expressed in total disbelief a bit strongly, so be it.

As an experiment, go back and look at the top gainers say over 10 years and see how many times they are mentioned on Hot copper . Its illuminating.

Take care

 

[barney]

Well he ... and I had a differing view on this site. One of his co-workers Post messaged me here to apologize. I know who he was, where he worked and the prop shop and the owner who provided ... at that time the funds he traded with. So, well ... I did know who and what he was, not what he appeared maybe to you to be.

I vaguely recall that time, but none of the details …… I recall he used to admit to having less than successful days at the "prop shop" but that is the nature of the beast I guess. He could be abrasive/brash/in your face for sure but he knew how to trade. Its a pity you and he could not get along but I suspect neither of you would back down in a stoush

My view of TH revolves around the fact that when I was down and almost out a few years back, I approached him for some advice. He went out of his way to help and basically got me on my first steps to turning things around …. I believe he helped quite a few others over the years.

Sorry if you find my posts blunt, but seriously !!

Blunt is perfectly fine …… No problems with blunt ….

Using words flavored with sarcasm however may not be the best way to promote what could otherwise turn into some pretty informative conversations

IF you could make 16% on your money compounding ... a year as an investor in 20 years, well ... 100k is ?

If you have achieved anything resembling that result, well done! If you had 100K to invest 20 years ago … well done twice

If you don't like that opinion and one I may have expressed in total disbelief a bit strongly, so be it.

I have no problem with most of your opinions …. Said opinions do come across with a combative flavour at times however

For the record … and I've said it before …. I think a little friction and difference of opinion on a Forum is healthy ….. As long as a mutual respect is maintained.

I believe you can totally disagree with someone else's opinion, and still maintain a perfectly respectful conversation ……

Rules of said conversations:-

1) Keep your sense of humour switched on
2) Leave any ego orientated comments at the door on the way in
3) No personal attacks
4) Go … HARD (Yes I am a Tom Gleeson fan)

​

 

[kahuna1]

My view of TH revolves around the fact that when I was down and almost out a few years back, I approached him for some advice. He went out of his way to help and basically got me on my first steps to turning things around …. I believe he helped quite a few others over the years.

I am glad to hear he changed a bit.

Yep the rest, well ... it is as always, a learning process life.
It is as always, humans amaze me.

Informative ? I suppose, after a long time, it is what it is. If one is not open and blunt, at times with derision at some things, the point is actually LOST. I accept as I did and do, say in some of the HC companies I tool the time to explain say in 2003 that, in the case of LUM ... a worthless thing being stock promoted on HC, its accounts did not match its announcements. Its invention .. supposedly worth billions to the posters on HC and this was after the tech crash, saved 50% of its power, by being turned off 12 out of 24 hours.

An old thing, no scabs or scars, but I did accept then, as I do now, someone reading this thread in the future and ones about similar things, they will weight what they will. For my efforts in trying to share grave concerns in 2003 on HC, they voted me the Biggest looser on the site. The stock did what it did.

TH, well ... he and I had a similar discussion and similar fashion about USA bonds and pre the 2013 dummy spit and Tightening tantrum ... similar results. His view was strong, dismissive and blunt. Oh and wrong. Not that that matters. It made me think. I even elaborated that EU bonds were under attack and idiotically priced at 2-3% above USA ones when they collected 40% of GDP in tax and USA a mere 35% and now 30% with similar debt loads. For my reward, well ... you can guess what I was called.

If, one thing I know, and at times, occasionally over the years, I have taken the time to hose down various things, it a NO WIN situation. But a few listen and think. Right or wrong, some will pause, if they read this thread and go, well ... maybe, maybe they have a point.

Other times I lead the fan club say for oil in 2003 or S+P rise and peak 2007 then rise post 2009 March. lots and lots of stocks even a live trading blog from 1997 to ... well 2009 ... that I bothers and post periodically on from time to time. Of course the first web site gone and second almost ... but live ... real time and it was what it was. Learning for all concerned, and 100 heads were better than one.

But wading into a topic which has, a devoted, and at times delusional fan base, is my form of community service rather than serving at vinnies. I took on the Uranium bulls with comprehensive supply side and economic side in 2006 and till 2008. Things change and a mine flooding ... Cigar Lake meant to open and supply an already short market ... and global supply for 8% and even I went long for about 12 months and the spot price went insane. But then, same thing. massive supply and I did not monitor HC or its rubbish, but did publish a few things and spoke in front of many many at a conference days after the peak and was the only bear. Presenting facts, even pictures on new mines in Kazakhstan, and drilling at BHP Olympic dam even with old WMC reports showing the deposit had 1.5 million tons of Uranium and about 20 years global supply, I got booed off stage.

My point being, I accept ... I know little or nothing. When a stock like PDN palladin has gone from 1 cent to $10- and now back to 15 cents ? I think speaks for itself.

One does not get a reward, and quite the opposite and I do question, why I bother at times, and they are rare, but I get quite a lot out of it, even this thread and beliefs displayed that ... well ... are different.

No devoted fan of a stock, or a belief will ever change their mind on the spot. IF they, as they do at times present back counter information that is absurd, one has to call it that. Not in any hope I will ever change their devotion on the spot. Nor likely ever for some.

It will however give some pause, they may come back next week, or month or even years down the track and see some logic, or not.

Backing away, is never a good option. Your point, in the face of being voted the biggest looser by someone you will never meet is, what it is. Or being told your angry for disagreeing and not seeing their religion, is, what it is.

Being lectured about if only I followed their beliefs as someone did and is standard fare when having an opposing view ... or being told you would only be more successful if you followed my ideas, or have more money, or they would trade against you ...

Hilarious as I said to one here. He is confused, but such is life as to why I was amused at his comment.


Have fun

 

[barney]

I am in the middle of something and have not had the time to digest your last post correctly @kahuna1, however … firstly …

1) You must be able to type really quickly lol

2) You make some fantastic observations on the market past and present

3) You are obviously opinionated …… and have copped a bit of flack, past and perhaps present

My suggestion … ASF needs opinionated posters …..

I am more than slightly interested in your opinions … I know you and @tech/a had some 'confusion' earlier in the thread ….

Could I suggest that you both revisit that 'confusion' as I think there might be some valuable interaction to come out of it …

As long as all parties adhere to my recently posted 'rules of conversation' …. or not … lol