Member Info for Daytradenovice

My math is correct as i posted it Rylidan. Others seem to agree.
And i have never shorted - i actually dont believe in betting on the failure of any business.
99% of the time i am a lth, with the odd obvious trade thrown in, like Fridays winner.
and i certainly dont want to influence anybodys investment/trade position, i just say what i see and call out nonsense when it clear, everybody makes their own choices and decisions.

I repeat my previous statements, the fundamentals are good here, but the best Friday move was clearly to sell (and buy back cheaper if you wanted to reinvest). I just dont see how that can be argued any other way?

Changing not chaining (obviously)

Anyway, this topic is getting boring and done to death now, so thats all from me, i've more than made my point.
GLA

Tedmark
I dont recall anybody, certainly not myself, saying that the fundamentals are poor here? or that any decline in the daily shareprice was terminal in any way.
The conversation was around the daily ups and downs and trading such occurances. And quite clearly that was the most sensible thing to do after the recent falls, making quite a reasonable % gain, allowing new entrants a cheaper price, or indeed the oppo to average down or rebuy back cheaper and increase a stake..
It got 'messy' simple because one ramper decided to critisise somebody for not just blindly holding on as he had done, almost as if any traders havent got the right to chose their own choices. Indeed 'traders' per se were also critisised.
Unbeleivable another who had done exactly the same 'trading' joined in defending the ramper, his math however was more than dubious and shown as incorrect.

Like you, am more than happy to read contrarian views, but they really need to have substance and evidence to back them up, and of course be factually correct when rubbishing others calculations, and neither childish in tone.

Of course what also should be paramount in ANY investor/traders mind is the chaining market situation. It is of course a fact that this changed this last few days with the SA sell off, the news on the chinese building giants troubles, Fed etc etc. Nothing is static, and it is a total fool who isnt able to revisit his view objectively given changes in the base information.

Just to be 101% clear, i personally view this business as investable, but after Fridays plunge took good profits, which is the main object. Whether those profits are reinvested, for trading or as a long term hold, will depend on all the information availible to me at the time i make my own choice.

Am pleased coal is up, and you added to your holding, cheaper of course, but the right move on the day was to sell.

And im father christmas douglas lol

he hasnt a very good memory has he john? Complete fraud of a bloke and so easily seen through.
He was on Syme (whatever they are?) ****ging some poor guy off the other day and got well and truly called out and his posts removed for troublemaking. The upticks went into double figures.

As for TGA dougas, read back you will find my buy in prices and sell out prices all declared at the appropriate times. Ask one of the nieces to calculate my profits because your sure wont be able to lol. Quite pleased it dropped dramatically after i sold, may choose to buy back in at some stage and make some more.
You should try making instead of losing for a change, even the odds of a pure guess must surely be in your favour by now with the amount of losers you have chosen :)

Classic Uncle Doug jumping on a tick in sp.
" im buying im buying" he loudly crows
Before sulking off saying "surely even centrica can make a profit?"
Obviously knows nothing about the business they are in, good job a couple of you have given him a clue.

You know nothing you clown.
See you were bigging up buying into Cna because they jumped 4%, until put straight by a kind soul where you promptly changed your tune.
You dont understand their market either.
Embarrassing is what you are.
Come back here when the sp's at your oft 'predicted' 8 euros, until then play with your crayons.

The one good piece of news is that with all the properties that Evergrande hold, there should be plenty of sofas to go scrabbling down the back of for spare cash.

IAG roaring upwards 10% in a flash

George
Same here, seems when the 'post' button is pressed they disappear for a few moments and the page needs refreshing, LSE must be struggling with the leccy cost increase lol
Mind you, wont we all at the rate its going. What price unreliable renewables :)

"if we all speak our minds without any agendas, we could all get the best out of each other, for an informed decision on investing."

Best post on here for ages.

A little start point on Evergrande for people to look at. In essence a huge chinese developer likely to default on 300 BIllion dollar debts this week. Of course it wont affect the markets at all, will it?

https://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134

Lol not so sure of that Lucky, i've picked some dogs in my time as im sure we all have. Been playing with shares since my very early 20's, into my 50's now so a lot more informed than i once was but still learning. Longtermer at heart building dividend income rather than a trader, but do trade a little these days after Covid messed up the usually safe fundamentals of so many divi payers and exposed that single 'investing' approach (a hint there for the uberconfident). I beleive its why so many people are touchy these days, nursing what were once good divi payers, but not so good nowadays, as with all things you need to keep an open mind and diversify when appropriate.
Must confess my mom would probably be aghast at the childs suggestion im your 'bro', - as far as shes concerned she only had one of each lol.
Only the desparate need throw insults though, best to shed them like water off a ducks back

Lucky
Always wise to keep the eyes on the wider markets. Miners today are getting a caning, Glencore a very well diversified commods supplier down over 6% and lots of very sensible people nervous around in the markets today, given the 8nterest payments due on thursday which maybe defaulted on.
Still the blissfully ignorant child posts insults, cant help some people.

Thats does indeed happen, wouldnt say its a fact in most investements, timescsles always have a bearing, but is very common.

Am looking forward to the 340's again. For one share mind, not a pair.
Nasty out there today.

Exactly BBB :)
seems some people on here need calculators for christmas, yet also enjoy a bit of insult throwing.
FWIW, i think your free running strategy is the best model availible on AIM stock., well done on your buy/sell

i beleive my line 8 covers it perfectly well.
A holder sells at a high, buys back low and resells high later on. Two bites. One in cash from sale and one in increased stock price on rebuy.

of course it does.
you sell at a figure - friday 330, the price drops to 300 (8% for clarity)
you have made 8% cash on the drop
you buy back at the bottom (i.e 300) and gain 8% more stock value if you reinvest.
the price of your cheaper stock rises back to 330
That equates to an amount of 16%.
8% on the way down in cash, and 8% on the way back to previous sell point in increased stock value.

if you cashed out you just obtained 8% (less any subsequent rise back in sp)

if you sat on your hands, you lost 8% in value unless the stock recovers to level then you made nothing.

Lucky
I always listen to every single viewpoint on these boards, good bad up and down, then make my own view and take actions accordingly. Its never ceases to amaze me how some people react when they are questioned, particularly after clearly making poor moves. Some are honest and put their hands up, others get all nasty verbal and childish. It totally spoils the lse boards and i fully agree is unproductive, but i beleive a bully must always be stood upto and called out.
All sellers on friday, inc me you and several others who posted their choices opened themselves upto critisism - if the sp had risen we were all there to be critisised, it didnt, we were all very honest with our actions and based them on the current news - complete with links to same.
Completely agree about the links being provided, asked for plenty of times but never provided by some of the rampers on here.
Good luck to you sir with your future investments/trades, and congratulations on your friday call

Actually im not (as i have also posted here previously) im generally a lth'er.
But i do where it makes sound financial sense. And Friday was an example of that.
Get a calculator and do the math.
And stop the ridiculus insults, very unbecoming.