XAO Technical Analysis
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Re: XAO Analysis
thanks a lot for your supports, guys.
i really love this forum.
cheers
thanks a lot for your supports, guys.
i really love this forum.
cheers
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Re: XAO Analysis
Insider having never been through a correction. do you personally think it's better to take a loss now or ride out the correction ?
I know you can not comment on my position but I'm just interested as you are dumping everything..
The companies I hold for me a long term and I see them as having a loss in today’s market but a gain in the future.. but maybe the money is better in the pocket at the moment... Just interested in your thoughts on why you are dumping all ?
Thanks
Insider having never been through a correction. do you personally think it's better to take a loss now or ride out the correction ?
I know you can not comment on my position but I'm just interested as you are dumping everything..
The companies I hold for me a long term and I see them as having a loss in today’s market but a gain in the future.. but maybe the money is better in the pocket at the moment... Just interested in your thoughts on why you are dumping all ?
Thanks
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Re: XAO Analysis
What a drop! I finally had to fax the forms and get my managed funds out. Even though they are in for the long term, I am still too uncertain about the futures. The cash can be better utilised elsewhere for now.
What a drop! I finally had to fax the forms and get my managed funds out. Even though they are in for the long term, I am still too uncertain about the futures. The cash can be better utilised elsewhere for now.
Julia
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Re: XAO Analysis
Aren't you contradicting yourself here, Temjin?
You say "they are in for the long term" but you are pulling everything out?
Presumably if you have selected a managed fund for the long term you would have expected there were going to be times like this when your holdings will take a dive before recovering?
Is there a fee for withdrawing from your managed fund?
Aren't you contradicting yourself here, Temjin?
You say "they are in for the long term" but you are pulling everything out?
Presumably if you have selected a managed fund for the long term you would have expected there were going to be times like this when your holdings will take a dive before recovering?
Is there a fee for withdrawing from your managed fund?
Sean K
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Re: XAO Analysis
Not saying dumping is the right or wrong thing to do, just a general comment.
Fair question and points motion. One thing gained in the short term by unloading is peace of mind. Not sure how you put a dollar figure on that. Even those who have been through significant corrections before still feel it. It's hard not to be emotional about it as an investor. While we're in the middle of it, with all the emotion which causes the volatility, it's very hard to see what's out the other side. And in this particular case, the bears seem to have some good arguments for the destruction of the universe, which doesn't help!
Not saying dumping is the right or wrong thing to do, just a general comment.Re: XAO Analysis
The companies I invest in are purely speculative... High return High Risk... They are also Uranium... That's doing crappy at the moment.... The Market is positioned to go lower... There are so many good reasons to run for the door... I was stupid enough to hold on for this long as it is my third correction but I missed the greatest portion of opportunity to get out while I was finishing up at UNI ... I was trying to get 50% CGT Now I have no Excuse as it is all gone... I still have CTS though
The companies I invest in are purely speculative... High return High Risk... They are also Uranium... That's doing crappy at the moment.... The Market is positioned to go lower... There are so many good reasons to run for the door... I was stupid enough to hold on for this long as it is my third correction but I missed the greatest portion of opportunity to get out while I was finishing up at UNI ... I was trying to get 50% CGT Now I have no Excuse as it is all gone... I still have CTS though
Re: XAO Analysis
Hey Kennas You were right when you told me that 50% CGT is for chumps...
Fair question and points motion. One thing gained in the short term by unloading is peace of mind. Not sure how you put a dollar figure on that. Even those who have been through significant corrections before still feel it. It's hard not to be emotional about it as an investor. While we're in the middle of it, with all the emotion which causes the volatility, it's very hard to see what's out the other side. And in this particular case, the bears seem to have some good arguments for the destruction of the universe, which doesn't help!
Hey Kennas You were right when you told me that 50% CGT is for chumps...
Re: XAO Analysis
What is wrong with 1 year holds (not that I am planning to do something like that anytime soon). The tax can make 20% difference in profit.
With hindsight it is easy to say that. You are only a chump if you plan to trade short term initially and when you start losing, you change your outlook to a 1 year investment.
What is wrong with 1 year holds (not that I am planning to do something like that anytime soon). The tax can make 20% difference in profit.
With hindsight it is easy to say that. You are only a chump if you plan to trade short term initially and when you start losing, you change your outlook to a 1 year investment.
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Re: XAO Analysis
Depends how your invested, and how long you've held for. The avearge size of your hold etc. Just remember you will have friction cost associated with getting in and out with each hold (brokerage). Factor this in as a percentage of each position, what will it cost you to get out and then back in. Are you leveraged in your positions? Are you exposed to small caps or finiancials. Remember with so much volitility if your that nervous about the job long term then there will be a better day than to today to get out, choose an upswing, such as yesterday. I think we are going to see big swings either way for quite some time, good for the day traders perhaps.
Good luck
BT
Depends how your invested, and how long you've held for. The avearge size of your hold etc. Just remember you will have friction cost associated with getting in and out with each hold (brokerage). Factor this in as a percentage of each position, what will it cost you to get out and then back in. Are you leveraged in your positions? Are you exposed to small caps or finiancials. Remember with so much volitility if your that nervous about the job long term then there will be a better day than to today to get out, choose an upswing, such as yesterday. I think we are going to see big swings either way for quite some time, good for the day traders perhaps.
Good luck
BT
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Re: XAO Analysis
Not necessary. The portfolio is in for the long term, but why would I want to continue to hold a losing position if my view on the equity market is bear for the short term? There is no such thing as "long term investing", only "long term trading". Cutting lose short and then invest the cash back in other performing, non-equities asset is a better alternative at the moment.
The only fee for withdrawing those funds right now is the 0.6% spread.
Not necessary. The portfolio is in for the long term, but why would I want to continue to hold a losing position if my view on the equity market is bear for the short term? There is no such thing as "long term investing", only "long term trading". Cutting lose short and then invest the cash back in other performing, non-equities asset is a better alternative at the moment.
The only fee for withdrawing those funds right now is the 0.6% spread.
Re: XAO Analysis
No way... If you play the correction properly you will make more than enough money to pay for the tax difference...
No way... If you play the correction properly you will make more than enough money to pay for the tax difference...
Julia
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Re: XAO Analysis
Thank you kennas, you are correct peace of mind with the cash in the pocket. I have to agree with the emotional part as this is the part I really have trouble with, as I always think things will go back to the prices they are and I have learnt sometime they do and sometimes not...
Thank you for your comments.
insider thank you for your comments, I'm still new at share trading and it's hard to understand what to do sometimes when being placed in this position, emotions run wild and money just runs out the door in a blink of an eye.
Fair question and points motion. One thing gained in the short term by unloading is peace of mind. Not sure how you put a dollar figure on that. Even those who have been through significant corrections before still feel it. It's hard not to be emotional about it as an investor. While we're in the middle of it, with all the emotion which causes the volatility, it's very hard to see what's out the other side. And in this particular case, the bears seem to have some good arguments for the destruction of the universe, which doesn't help!
Thank you kennas, you are correct peace of mind with the cash in the pocket. I have to agree with the emotional part as this is the part I really have trouble with, as I always think things will go back to the prices they are and I have learnt sometime they do and sometimes not...
Thank you for your comments.
insider said:
insider thank you for your comments, I'm still new at share trading and it's hard to understand what to do sometimes when being placed in this position, emotions run wild and money just runs out the door in a blink of an eye.
Re: XAO Analysis
Motion,
Depends on what your stocks are and how confident you are in them?
Can you do without the money for a few months?
Are you going to take a belting (>50%) or are you only down 20%?
I've been through half a dozen good gut churners and as you would have seen in the swings lately and earlier this year and in the past what goes down does come up
If your company has a couple of years worth of cash, isn't a mega speccie with 1% chance of success and good assets I believe it pays to just kick back and go away (from the screen) for a while.
Just remember next time you can say you've experienced a correction.
Bear down mate and put it down to experience
Motion,
Depends on what your stocks are and how confident you are in them?
Can you do without the money for a few months?
Are you going to take a belting (>50%) or are you only down 20%?
I've been through half a dozen good gut churners and as you would have seen in the swings lately and earlier this year and in the past what goes down does come up
If your company has a couple of years worth of cash, isn't a mega speccie with 1% chance of success and good assets I believe it pays to just kick back and go away (from the screen) for a while.
Just remember next time you can say you've experienced a correction.
Bear down mate and put it down to experience
>Apocalypto<
20.03.2012
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Re: XAO Analysis
that is one of the dumbest calls i have heard. From a person that preaches so much knowledge about trading and systems and what it takes to become a great trader, how can u make that statement. Investing and trading are two very different approaches to making money from the markets. Each have there own advantages and disadvantages, require different timing strategies.
Temjin I advise you get some more real life market experience. Welcome to the real world!
that is one of the dumbest calls i have heard. From a person that preaches so much knowledge about trading and systems and what it takes to become a great trader, how can u make that statement. Investing and trading are two very different approaches to making money from the markets. Each have there own advantages and disadvantages, require different timing strategies.
Temjin I advise you get some more real life market experience. Welcome to the real world!
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Re: XAO Analysis
i agree with that
ive sold my short termers - which were speculative at best and held onto a select few which i believe will benefit out the other side, such as PDN, GBG and JML.
also looking to get back into AED oil. JML, PDN producing now, GBG to be producing next year along with AED. so although have taken a belting on those long i am long term with those so prepared to weather some short term pain for long term gain.
cut UMC loose over last couple months for 200% profits, now well down from point at which i sold at.
Motion,
Depends on what your stocks are and how confident you are in them?
Can you do without the money for a few months?
Are you going to take a belting (>50%) or are you only down 20%?
I've been through half a dozen good gut churners and as you would have seen in the swings lately and earlier this year and in the past what goes down does come up
If your company has a couple of years worth of cash, isn't a mega speccie with 1% chance of success and good assets I believe it pays to just kick back and go away (from the screen) for a while.
Just remember next time you can say you've experienced a correction.
Bear down mate and put it down to experience
i agree with that
ive sold my short termers - which were speculative at best and held onto a select few which i believe will benefit out the other side, such as PDN, GBG and JML.
also looking to get back into AED oil. JML, PDN producing now, GBG to be producing next year along with AED. so although have taken a belting on those long i am long term with those so prepared to weather some short term pain for long term gain.
cut UMC loose over last couple months for 200% profits, now well down from point at which i sold at.
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Re: XAO Analysis
well, maybe he/she is confusing enough with all the bloody red on the screen, and can't see the different of those two words.
LOL
well, maybe he/she is confusing enough with all the bloody red on the screen, and can't see the different of those two words.
LOL
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Re: XAO Analysis
Well, that's my own belief Trade_It.
I understand investing and trading are two very different approaches. How about I reword this, I don't believe in the term "long term investing" because I never liked the idea of invest, diversify and then sit on it without doing anything regardless of the market condition for the long term.
I have an exit plan when I "invest" for the long term. I exit my positions if my original assumptions are wrong, that is, the market is no longer bull for the short term and there are too much uncertaintely in the market. Of course, I may be wrong in this, but I am just exercising my own plan I have had in mind.
My definition of long term trading is one may invest for the long term but he/she is always better off to have a proven plan (you can call it investing/trading/whatever) to enter or exit the market whenever deemed necessary to profit and cut losses short.
What's the difference between investing and long term trend trading anyway? (long term as in years)
That is why when people say they invest for the long term, and they exercise trading techniques (sell, wait for correction, go back in again later with fundamental confirmation), are essentially long term trading.
Hope that clears up things a bit. Of course, you may have your own belief in the definition of investing and trading. To me, only trading make senses because everyone does it subconsiously anyway, though not necessary in a disciplined way and with a plan.
Well, that's my own belief Trade_It.
I understand investing and trading are two very different approaches. How about I reword this, I don't believe in the term "long term investing" because I never liked the idea of invest, diversify and then sit on it without doing anything regardless of the market condition for the long term.
I have an exit plan when I "invest" for the long term. I exit my positions if my original assumptions are wrong, that is, the market is no longer bull for the short term and there are too much uncertaintely in the market. Of course, I may be wrong in this, but I am just exercising my own plan I have had in mind.
My definition of long term trading is one may invest for the long term but he/she is always better off to have a proven plan (you can call it investing/trading/whatever) to enter or exit the market whenever deemed necessary to profit and cut losses short.
What's the difference between investing and long term trend trading anyway? (long term as in years)
That is why when people say they invest for the long term, and they exercise trading techniques (sell, wait for correction, go back in again later with fundamental confirmation), are essentially long term trading.
Hope that clears up things a bit. Of course, you may have your own belief in the definition of investing and trading. To me, only trading make senses because everyone does it subconsiously anyway, though not necessary in a disciplined way and with a plan.
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Re: XAO Analysis
jtb thank you for your comments and looking at this like this is an excellent way for myself to view my portfolio. I see my stocks as having either one of those qualities and some having all... I think this is a good lesson and can only make me wiser. Thanks
Bush Trader, thank you for your comments, yep I learnt that lesson the hardware and now factor the friction in no matter what. You have some very good points here. time to sit back and take it all in. =
Motion,
Depends on what your stocks are and how confident you are in them?
Can you do without the money for a few months?
Are you going to take a belting (>50%) or are you only down 20%?
I've been through half a dozen good gut churners and as you would have seen in the swings lately and earlier this year and in the past what goes down does come up
If your company has a couple of years worth of cash, isn't a mega speccie with 1% chance of success and good assets I believe it pays to just kick back and go away (from the screen) for a while.
Just remember next time you can say you've experienced a correction.
Bear down mate and put it down to experience
jtb thank you for your comments and looking at this like this is an excellent way for myself to view my portfolio. I see my stocks as having either one of those qualities and some having all... I think this is a good lesson and can only make me wiser. Thanks
Bush trader said:
Bush Trader, thank you for your comments, yep I learnt that lesson the hardware and now factor the friction in no matter what. You have some very good points here. time to sit back and take it all in. =