RE: Shorts14 Mar 2026 07:06
Thanks for your posts Ripley.
I am genuine but tend to whinge too much when shares continuously fall, often assuming they will fall further, and when i comment on that, people take it wrong. It's a bad habit which i will refrain from now.
I wouldn't know how to short, totally disagree with the whole concept anyway, it ruins companies in some cases.
I like II because unlike HL and AJB, if you happen to break thex30 day rule ( which ive done at times but always reported it correctly for tax purposes at year end, correct buy/sell prices), II always recalculated averages correctly and what your current actual average is, whereas often when I buy/add with HL to a holding where im already down, after the top up the way HL calculates, immediately after the top up, it suggests im even much further down than I was a few minutes earlier, and its infuriating.
Few weeks ago I was 6k down on a FUTURE holding of 5000 shares, I topped up with another 2000 and immediately after the transaction, it said I was almost 7k down which just isn't mathematically possible, then confuses me as to what my average is etc. Also HL app doesn't show your average.
Lastly on certain days when results are out, shares are in auction immediately, possible sell off coming, it is impossible to get a quote through HL, but sometimes you can with II.
Im starting to buy funds and there is a difference in cost between II and HL, so that's worth considering.
Anyway hope all have a good weekend and forget about what a torrid week it's been, torrid year come to think of it.