VAU - Vault Minerals
- Thread starter Uncle Festivus
- Start date
tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,403
- Reactions
- 6,323
Hope is always a good one to employ in profitable trading.
There is no doubting that almost all if not all gold stocks will drop today on the US$ gold price, but as usually happens due to the exchange rate also coming off the true impact on valuations and profitability for aussie gold stocks is not as severe as we will probably see in the markets today, the perverse way that investors act to volatility I guess.
It will probably be a good chance to buy RED on the drop IMO. But who knows, North American instos might act today to buy it even higher, its an interesting time for RED!
Of course everyone talks their own book to benefit personally, but I find it ironic that Tech/a tends to get on the RED thread when something negative is looming, lol! Simple as that.
It will probably be a good chance to buy RED on the drop IMO. But who knows, North American instos might act today to buy it even higher, its an interesting time for RED!
Of course everyone talks their own book to benefit personally, but I find it ironic that Tech/a tends to get on the RED thread when something negative is looming, lol! Simple as that.
tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,403
- Reactions
- 6,323
Unfortunately so.
In a trading analogy there isn't anything left when hope dies.
The loss is often far worse than it could have been reduced to.
Perhaps I'm a minority but I think it better to be wrong about an exit thats too early (with a re entry strategy in place) than wrong too late. (When the hit hurts)
My own emotions have an equity curve.
I tend to keep them rising!
There is NO PLACE for hope in profitable trading.
tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,403
- Reactions
- 6,323
So whos taking advantage of these
arguably--by me at least---bargain prices?
Anyone bought higher than todays price and averaging down.
Anyone buying more on the pull back?
Who thinks that this is a great place to buy?
Just interested in the thinking---beatle I wont see any reply by you unless someone quotes you.---but youll see these prices as an absolute steal I know that.
Interested in those who are not in love with their holding.---rational traders.
arguably--by me at least---bargain prices?
Anyone bought higher than todays price and averaging down.
Anyone buying more on the pull back?
Who thinks that this is a great place to buy?
Just interested in the thinking---beatle I wont see any reply by you unless someone quotes you.---but youll see these prices as an absolute steal I know that.
Interested in those who are not in love with their holding.---rational traders.
HI Tech/a ,I'm a net buyer today at these prices,but i am in for the longer term benefit also.I watch your thoughts and agree there is probability pullback to $2.00 and I am prepared to ride with that maybe a bit more.(ps. I did sell quite a few at $2.34 so this is a re-entry) Cheers!
Wow childish much?
I don't agree with a certain poster's views so I'm letting everyone know (in a roundabout sort of way) I have him on my ignore list
Like many people here I find both sides of the argument interesting.
So IL'ing someone just seems like an extreme response to someone that's getting under your skin?
tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,403
- Reactions
- 6,323
Do you think???'
tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,403
- Reactions
- 6,323
Litmus test today.
Is there demand?
A sharp reversal on volume will confirm it.
Poor volume with less than 50% of yesterdays
range covered on close will be dismal.
here's HOPING
Is there demand?
A sharp reversal on volume will confirm it.
Poor volume with less than 50% of yesterdays
range covered on close will be dismal.
here's HOPING
- Joined
- 23 February 2012
- Posts
- 30
- Reactions
- 0
Tech - there's probably no need for the constant negative comments on others' posts. You've referred to the 'hope' post several times now. Enough. It isn't constructive.
tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,403
- Reactions
- 6,323
Look
Im RAMMING home the point.
If one newb understands the point
and I cease to see this word used
in the context of forward expectations
then its been worth highlighting.
The next one is "GOOD LUCK" to all those holding ---RED or XYZ corp.
Bloody hell if you need luck then what on earth are you doing trading.
I understand that most here trade less than $5k portfolio's so its not economy
changing trading---but eventually when you start trading serious money and instead of $1000 in a position you have $100,000 you'll know what I mean.
Sure luck happens but---man its lame.
Hope and Luck-----probably the most common indicators used in the market.
Hmm I note a 4c gap in 12000 stocks traded.--hardly convincing.
tech, i admire your technical knowledge...but you have the personality of a gnat!!
tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,403
- Reactions
- 6,323
Thanks Ill take that as a compliment.
I dont post to make friends.
I post with the hard facts of reality.
Your future depends on it. If you take it seriously.
If people wish to disguard the messege embedded
fine--but a few will understand and move forward.
Question
Your in a plane.
The pilot chirps up and says.
" Morning we are at 30000 feet
That dive we are in---Wish me luck Ive read the manual I reckon
Ive got a handle on this all I can say is I hope I have
I guess we will know at the other end"
OR
"Im pretty obnoxious to some
and we are at 30000 feet ---that dive
we just had---Ive flown this baby for 1000s
of hrs I know exactly how to keep you safe"
Dont know about you but Ill go with MR Obnoxiuos.
Like I said, childish.
Insightful post there bud.
I personally find your "technical knowledge" as insightful as that post.
When this stock goes down, "hey guys I was right!"
When this stock goes up, "volume test, range, resistance blah blah blah"
If hope and wishful thinking has no place in trading, you MUST be a multi millionaire by now.
I mean, it's all there technically isn't it? And technically, if you're right all the time then you should be rolling in the cash.
I have no doubt he is both a multimillionaire and rolling in the cash.
Wow. You guys should wake up to yourselves and actually listen to what he says, you might actually learn something and make a lot of money. I have. I have made over 200% in the past 3 months trading from what I've learnt from tech/a's threads and posts.
No head in the sky. No "this stock is worth $3-$5". No BS. No hoping. No luck. Straight up trading on facts, figures and charts.
Unless you yourselves have something to contribute to the conversation. Stay quiet.
Then he should be sailing the harbours of Monaco on his multi million dollar yacht.
Instead, he's here arguing with a bunch of "newbs" trying to prove how smart and technically sound he is albeit with grammatical errors along the way.
So you're upset because he's trying to help you make money??