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To be honest, I dont even get the trader part. Because my time scale is months an not years, I am somehow a day trader and must be making a loss.
I have posted on here several times what my holdings were prior to Boohoo. For the majority of the year they were mostly EQQQ, SMT and TSLA. Not going to sit and brag about what I have done this year, as the market is quite frankly an exception at the moment and if I managed what I have done this year for the next 20, I would be on the rich list, which is not going to happen.
PP wont read this but her problem (I have always thought of PP as a woman) is she makes personal assumptions based on people who disagree with her B&H philosophy, You can be sad, nasty, bitter and unhappy or worse, a "trader"just because you question her ideas. Not only are these assumptions wrong by the way, (I mean,if you are going to make all these assumptions you could a t least be correct in them!) but by holding these views without debate shows a closed mind which will inhibit her ability to learn and grow.
I was anxious to know given that PP researches everyday what info would change her mind and sell Boo. And I think this is relevant as the slavery story when it broke was big news. It halved the Share price and painted Boo in a very very bad light. Funds sold their holdings and at the time there was even talk of Boo collapsing. (its not relevant that the story has moved on, but what other info would she require not to sell her 20 year stock?
Plus all this cutting and pasting.. most people would either put the quotes in brackets or maybe say, "in the words of..."
but my not doing that she seems to want to show others an intellect she does not posses. Again, it shows to me somebody who craves recognition and may have a superiority complex. (I note this time she, having been called out), did acknowledge where a quote came from, I guess she had to!)
The laugh of it all is that her strategy of B&H is as common and as old as the hills, so hardly worth all this desperate posting to make sure newbies (and the rest of us) are aware of it!
Well People power if nothing else you have taught me that, in the words of the great Stan Laurel, a pencil must indeed be lead!
Just to throw another quote back at you,
Albert Einstein : “Insanity is doing the same thing over and over again and expecting different results.”
Pmoran1969 - in the words of the great John Hume - "I learnt that when I was a teacher: You keep on saying the same thing over and over until somebody says it back to you."
For those of you who don't know John Hume then google him or even google the saying and you'll find out about him.
Pmoran1969 - thanks for the lecture. It sounds to me like you're the evangelical one.
The people you mentioned aren't open to having a debate. They want to decry me because they're traders. They jump in and out of shares however they never say how much they've gained compared to how much they've lost. Instead they glorify trading.
I want to show new posters there are other ways of making better money than trading. I know because I've done both. The ones who disagree with me have lost money, they just don't admit to it.
That wasn't a childish post and if you think it was then I feel sorry for you that you don't know the difference. My following posts to it were picked on by Marinello the original writer and Steveknowsnothin. Two posters.
If you're going to lecture me, at least have the decency to get your facts right before doing so.
People,power, people on here, myself included have tried to give you polite feedback about your somewhat evangelical posts. You may (and I’m not saying you have I’m saying you may) have some good ideas about this share or investing in general but sadly anything of value you have to say is simply lost because you insist on posting the same ‘go for a walk every day research boo every day and leave it in an isa for 20 years and you’ll be rich’ message. I see Chris England or wyndrum or Steveknowsnothing among others being open to having a debate. People don’t always agree but there has been some interesting discussion on here Simply because people don’t always agree. Sometimes there is natural repetition from individuals when responding to a post or explaining their point of view and that is to be expected but to blindly post the same thing over and over again and then suggest that anyone who disagrees with you must have lost money so they are bitter is not conducive to a proper adult discussion about boo or any other share and regardless of what you may think when you are typing it comes across as a bit immature. Someone posted a childish post about the misguided documentary today and instead of the entire board calling them out for being an eejit it’s your following posts that have been picked up on. That should tell you everything you need to know about how your posts are received and should make you think twice before future posts. Like I said you may have something relevant to add but it’s lost in the noise. Given one of your many posts recently claims to just want to help others wouldn’t it be a shame if people ignored you or filtered you simply because of the frequency or content of some of your posts.?
Put your handbags down girls, and grow some.
Tiffs can be sorted out in the playground not on the board please.
And you dear PP, have an inability to converse with people who do not share your views.
In your small world there seems to be no correct opinion other than yours, which would indicate you are very egotistical.
That, coupled with the constant cutting and pasting you do from your other posts to ram home your myopic views also suggest you are just another ramper.
steveknowsnothin - a fool and his money. Jealous of others and nasty to boot.
wyndrum - another nasty little man who loves to police me. Reminds me of Jekyll and Hyde.
People who are nasty on here are sad little f**kers and must be so unhappy in their lives.
Yep don’t risk selling, as I’ve seen this share jump rapidly after selling ( own experience ) and then had to buy in a few points higher. Look at the long term picture here. Come end of August it will be a mad dash in as heading over 400.
Streets, wouldn't have been better to sell just before the bad news broke and then bought back in at the bottom at around 200p?
@streets36 to also agree with peoplepower (yuk) and Warren B, "The stock market is a device for transferring money from the impatient to the patient".
This was always due a pull back this week. The pattern is always the same as well. The FTSE plummets brings everything with it, then FTSE makes gains in the afternoon but the damage has already been done and some stocks pull back less quickly. 2% down is nothing to worry about at all. The ASOS RNS has told us all we need to know about the upcoming trading statement. Will be £3.50 prior to September so just hold through it and reap the gains.
One thing I do agree with Peoplepower (can't believe I am saying this) is that holding longer pays off and I have lost profit in the past from selling too early. Just need to control your emotions and be certain on why you are invested. Being over £3.00 this week is a great position to be in to set us up.