Member Info for Bottmzup

He uses a principle of learning as a three legged stool...Mind, Method and Money.
So you start with a mindset of what you want out of trading and how you perceive yourself, whether you can handle it.
Then he goes on to explain the methods of trading, the strategies, the trend following, the turning points, the bullish divergences, how to use only 5 main indicators...moving averages, support/resistance, volume, trend following indicators, and oscillating indicators....all the other 140 indicators are irrelevant!

Then Money, how to control your money. How to calculate how much to put on each trade...the 2% rule, so you don`t risk more than 2% of your portfolio on any one trade. So you`re protecting your portfolio to trade another day.

He really sets things out to be in total control, not to be impulsive, but patient and calculated.
You do your research when the market is closed, set your buy, or sell, levels, and then act on them, without further consideration, when the market is open.
The guy is an absolute genius, I recommend his mind to anyone who is serious about trading, because even if you are a fundamentalist about a particular stock, or company, his teachings will arm you in helping to buy low and sell high.

The charts I post are my own, on TradingView....its free!
I`ve been studying technical analysis for 15 years+ and have been to seminars with the Online Trading Academy, read, and re-read a book by Dr Alexander Elder called `Come In To My Trading Room`which I then compiled my own condensed version, in notebook form, so that I concentrated on the most relevant issues and strong points of the message this absolute genius was sending out.
He is regularly interviewed on major American financial channels for his opinion and has even developed his own indicator called Elder Force Index, which is widely used on many charting platforms..Google him.
He is my guru, and `it` is my bible of trading, and the beauty was that it only cost me £30 on eBay!

TAF, charts are not, and never have been regarded as a predictor of news.
They are a visual depiction of the sentiment of market participants in any share.
Look back at the chart and check out the 50 day exponential moving average line in red....its gone from falling, to now rising...that gives the market traders the signal that things are looking up and sentiment is changing from pessimistic to optimistic, a strong buy sign.
Moving averages are used by every professional and student chartist across the world, in every financial instrument available, for trend following and turning (or pivot) points in order to inform about general market sentiment of a share, or other...... its like reading the temperature of the psychology of the masses that are involved in the said instrument.
And the overview of Bidstack at this point is that the times they are a changing.
News will trigger the big moves because `the careful` wait for it, but the traders try to read the charts for indications of better times ahead, as depicted by the visual representations of positivity verses negativity...on the charts.
Thats how it works.

Absolutely agree mate, news is whats going to really move price.

Looking at the late sells there are obviously still some flippers in the room, but they can only sell each share once, and at some stage this will blow.
If you were looking to buy in on the potential then buying at support is the way to go.

Have another look, this is called a short term falling trend `breakout`....its confirmed by the .618 Fibonacci retracement support at around 5.5p...and notice the rise in the green volume bars at the bottom of the chart where buying increased on the breakout.
I love you too, but you need to read your History Of Charting Volumes to understand.
https://www.tradingview.com/x/KSfn43TP/

I`ll have you whipped in to shape before Xmas and you`ll be even understanding support and resistance levels.

Ha ha ha.....classic!

See the beauty of buying in at this price is that 5.5p looked to be a good support level, so the risk/reward ratio is phenomenal.
A 15% stop loss risk (or so), against an unknown reward of 100%+ if a nice RNS drops....which has got to be getting close now, so the trade set up is a good`n.

Hmmm, no news and the late buys flood in.
Maybe a technical move for the chartist traders!

Whad`ya think TAF?

Anti chartists always turn offensive when corrected, probably a level of insecurity...............

Anti chartists always turn offensive when corrected, probably a level of insecurity in knowing that they know nothing about it, but resent those that do in case they have an advantage.

Anti chartists always turn offensive when corrected, probably a level of insecurity in knowing that they know nothing about it, but resent those that do in case they have an advantage.

You poked your nose in to someone else`s conversation, I was replying to Rickierich and you had to pipe up with your ill informed claim that charts were only for blue chips, so I decided to educate you!
Fundamentals for the why, and technicals for the when!

Looking back at all your abusive and fiery posts tonight I would say you`re anything but `cool and the gang`!
Calm down dear.

Alright alright...calm down TAF, why do you `anti-chartists` take such offence when charts are mentioned just because they don`t understand the principles.
I`ve been studying and trading charts on a wide range of stocks from blue chips to mid cap 250 to AIM stocks, and I guarantee you that they are relevant in the price action of all of the above.
If you don`t like charts and invest on fundamentals alone then good for you...leave the charts to the technical traders and don`t worry about it.

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I`ve been zipping through the bickering of late, and thought it would be a good time to remind everyone that the `who`s who` of Silicon Valley gaming and advertising advisors that James Draper managed to sign up have all agreed to take their remuneration for their services in share options..not salary.

This is because they are all high net worth visionaries, with an eye on the future of in game advertising.
They`ve made their names in related industries, and made a lot of money doing it, so they are not scratching around for a yearly wage, and didn`t need to join unless it excited them to do so.
Why so many...why now?
They work at a much higher level, and are prepared to wait for their agreements with Bids to bare fruit as the in game advertising space grows exponentially.
These experts are not fools, they are multi multi millionaire`s for a reason.

Name another start up company on the AIM market that has managed to attract the quality of these highly successful supremo`s to join the team for the journey...and there isn`t just 2, or 3 or even 4.............but 9!!
Andrew House
Will Kassoy
Brian Neider
Sonalee Parekh
Johnathan Epstein
Nav Sunner
Joel Livesey
Pete Beeney
Ian Hetherington
Along with a very impressive Department Leads team, and two top names as NED`s in Mike Hayes and Derek Wise.

A very wise team indeed.

#This Is Just The start

Hold on to your hats guys, RNS incoming...could be 15p by Friday!!
:-)

Oh dear smallfry, having a bad day?
I think its you that needs to wake up, I`ve just increased my holding for no extra cash...if that makes me an idiot then you need to get a bigger mirror!

If this was a nailed on guaranteed success it would be £5+ by now, the reason it isn`t is because its not guaranteed to be.
Just like all the rampers over on Novacyt, saying it was going to be £7-£10 in two months...that was back in April, now they can`t hold on to £3!
I was in and out of those with a nice profit and haven`t looked back.

I`m not saying AVCT will not be a success, far from it, thats why I`ve traded to build my position.
But it pays to look at this for what it is, a market place, not a fan club!

DOH85, if there was a big background seller why did the sp go from 150p to 200p in the first move? Dohh!

schrow123, as I pointed out in my chart explanation, this was a `technical` move...on no official news. Forget rumours, hype and hope, it was a traders technical analysis move, triggered by a very reliable chart pattern.
Check out this chart, I have zoomed in on the move to a 2 hour timeframe. As you might be able to see the move is not over yet, and is still in the retrace part, the falling trend is shown by the light blue trend line.
Notice on the breakout run up to 200p how the volume increased significantly...that was the traders moving in for a quick 30% or so, then notice the volume increase in red on the downward selloff.
The new green rising trend line looks like it will provide support, hence why the volumes have just increased...... another traders signal to buy again....for now!
https://www.tradingview.com/x/BQg5t5PZ/

This has all happened within a few trading days, so a minimal risk window for a big RNS to get caught out by, thats why I only sold half to hedge the trade.

Having skipped through messages a few times since the inevitable pullback, it seems to me that alwayswinning is one of the main ones calling it right here.
I posted a message on here yesterday morning asking if anyone on here has ever heard of charting, or technical analysis.
You all hammer out the pro`s and con`s of being a lab scientist, affimers, antibody`s verses antigens, WHO verses USA FDA bla bla bla etc!

But not one of you mentions the chart of the share price!
The technical traders (who never post on here) knew the breakout of 150p was coming almost to the day, and they will also have strongly expected a retrace back to 160p or below (if a full retrace) back to 150p.
I wrote the breakout point on my chart on Aug 4th, but I had it as 21st Aug ....I was two days late, it came on the 19th.
This was a classic example of an ascending triangle, with the breakout rise height equal to the widest end of the triangle, before selling off (blue arrows).
It was why I sold half my holding at 185p, and can now buy them back at 160p!

https://www.tradingview.com/x/dhf9cg4h/

It pays to understand the chemistry, but pays much more to understand the psychology of traders.