Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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It's not a problem - `I think what you're feeling today with what's happened with Fevertree can in some ways describe how i've been feeling about missing out on three days of trading here - purely down to my own stupidity/stubborness for wanting the share price to go even lower so greed in the opposite direction in some respects.
If I had been in Ocado, I would have read it exactly the same as you, so I'm now sat waiting to see if we get a drop down to the £13ish that the graph is showing - you may be right about the £13.20 so this afternoon will be quite interesting.
To keep myself level and my mindset in the right place though, what I've done is written off last week as one of my "holiday weeks" because I didn't achieve anything really - its the way I've found to control my emotion and not panic and for me to keep my focus - if I didnt do this I would be going around in circles punishing myself mentally because of a mistake I had just made. As we were saying yesterday, we both work to targets/goals/objectives - mine are more quarterly targets though because I find no two weeks are the same so spreading the target over the quarter suits my emotional side better as well.
I'll have to listen to the link again in a minute - all I heard was Men At Work - for a minute I was getting you confused with G as he used to play in a band until tinnitus put an end to it.
Fingers crossed for the rest of the day for both of us
Sorry T, thinking too much about my stuff, of course you were out of OCDO this morning so couldn't take advantage of the nice 1350s peak,....as am I at the moment, hardly credit I sold as cheap as I did. Have a sneaking feeling that we wont see less than 1315 again for a longish time, think I will be buying at 1320
That youtube video link I sent is one with the lyrics for me to try singing along. Ha. I use the wording singing very loosely. I used to watch BB in the hour before the open and keep it on during trading but have got out of the habit, that tinkerly music they showed over the summaries started driving me crazy.
I suppose like everything in life, sometimes you have to take a step backward to go forward.
I know what you mean about the share trading - it can be all engulfing at times, but I also agree that it gives you a purpose and a reason to be up. For me, its a means to an end in that I have a five year plan that I'm working to - somewhat delayed because of factors outside of my control.
It's funny looking at the graph that the trading range has opened up a bit - £13.60 top, £13.00 bottom - it will be interesting to see how it pans out.
I couldn't listen to music while I'm trading - I'd get too carried away and start singing along and forget what I was doing - the concentration levels for me over the last week have been hard enough as it is! I do have TV on in the background though - flicking between Sky, Bloomberg and This Morning!
I love that phrase "a learning experience" My reply is "why do I always have to pay (usually heavily) to learn"? I know, we don't usually value things unless we pay a lot for them. I tend to buck this trend and live a simple life and kinda hate what share trading is doing to me but it does get me up in the morning. I will try to stick with your method for the week as previously mentioned, so my latest foray into FEVR is "off the books". Just been interrupted by an alert to remind me to buy PLUS below 918, at least I now have the funds to do this You watch, that will probably go down like a stone now.
One nice point of buying back into FEVR is that I now have all of them, 1250, in one account now.
Do you listen to music while you are trading? Probably distracting but this is what I am listening to at the moment.
https://www.youtube.com/watch?v=8jHXu86O01w
Uuum - in plain English H?
Technical pointed - converging interday wedge on FT100 now hit decision point
As Mr Jagger says "time is on our side - yes it is"
Lol - that's OK - I feel really guilty about what's happened, and no doubt OWLS will come on here and have their two penneth worth, but as you have completely "got" what I've been saying, I think you will agree that by following the process, on a cumulative basis over a longer period of time, it really does work.
Nothing ever goes up or down in a straight line, OK you gained on the swing yesterday, and lost on the roundabout today, but I think its probably been quite a learning experience for you.
Can't beat paper Treacle. Great start here and elsewhere - autoslices all over the place ! Sliced back here but still a smidge overweight. Autoslice to be set at 1370 then will only be back down to weight. Underweight if we hit 1400 or futures drop (not expected).
I wouldnt normally admit to this, but as it's just you T thats reading this (!), I have just bought back into FEVR.
I use my laptop and iPad combined to monitor different things through the day - my iPad is locked and needs my password, and my password is written down in my iPad as a reminder - duh!