Member Info for LEFKOSIA

guzzlee off toopic

why ssoo anti mrs bod? pleasee reply on my chat board

monarch

so long term tto 60p wwwith some profit taaking /reinvesting on the way. not preparedd to hold on if no ffo and the £60k worth iff shares wont hurrt yyiour penssion plaanss if lostta

iss tthatt correecct ????

jiddy
i hhaavee aa ddormaantt ii accountt. ssttopped using it aass ttheir list of aaiim shares wass urrine poorr.
do ttheey noow traadeee 88e?/ myy ddeaalingg costs weere £10. ddoes rrtthat srrttiill aapplyy?

ps brromy

worrks forr anyy aamountt ttooo ass giffts beetweeen ssspoussess aree exeemptt frrom ccgtt. espeeciaally ggoood for high yielding ddivideendd paayyingg stockss traanssfeerrring income frrom 32.50% paayeerr tto 0% to 20% paying sspousse

jiddy 75 bid 85 offer spreas 10p agreed?

10/75x100 =13.33% same as lse!

have they got it wrong too?

regretfully no hope for you

brommy bed and isa

if marriied or in ccivil paartneersshiip simpple share traanssfer form aas ggifft tto spousse for aannuaaal cgt exemttiion limit works aas wweell no stamp dduty or commisssiion to pay

got to trust the spouse and have rock solid marriage.

gla

jiddy
which broker are you using 0.79 bid offer 0. 82? and what are their dealing costs?
ig 0.75-0.85 same asa lse above at the mo 13.33%

good morning monarch

your investment profile regarding your 8m shares that cost you nothing is becoming clearer but still needs fine tuning i.e.

because they cost you nothing but are worth £60k @ this morning’s bid of 0.75p you stand to lose £60k if 88e goes belly up.
can we at least agree on that because you have an asset as of today worth £60k if you dumped and walked away?
therefore your investment as of this morning is £60k in share s or cash if dumped. this is what you are risking £60k.
as you are in for the long haul what is the price you would be willing to dump them?
2p, 2.75p per one broker, 2.8/9p ,3.8p when you derisked before or ceo dry well’s 60p or the farmer’s £1 party or aberdeenman’ s 30p ,without selling no matter what price action does between 0.75p and you exit price. this is to determine risk reward.
years to retirement are also relevant because industry’s statistics are that the average pension pot is £30k. your free shares are worth twice that.

as for my post a couple of days ago that price was in a buy zone that was based on MY risk profile and spread at that time.
how you seen the spread this morning? a massive 20%. no thank you even if offer is 0.90p

gla

good morning monarch

with respect the penny still has not dropped yet

'don't judge ta and t line by my performance using it, as i am an indisciplined student still in a learning curve'

'which chart one uses is dependent on what style of trader/investor one is and attitude to risk, meaning some potential trades are ignored some are risked early some taken later when more boxes are ticked..tt's not just the t liine. as liam says its now his main indiicator inferrrring there are otherrs which there are.

. best advice is add ta to your investment approach in adddittion to fundas,, common sense and get educated how to use it and make your own decisions and not rely on others including me becausee i am not fully disciplined take risks and am a gambler.

however what i will do is prepare charts based on your style and attirrtude to risk.

you
yourr age? or years to retirement?
your invesstmennt risk low medium high? as 88e is both an AIM share and oil explorer i will assume it is high risk but ccrrecct me if you consider it otherwise.
your long term - years/ short term investment goal - 1 day to acceptable % gain attitude to locking in paper profit
your minimum risk reward ratio.
yourr averaage cost of your shaares-

you say you have 8m shaares on a free, well there is no such thing as a free. . why? becaausee @ frrday's bid of 0.75p they are worth £60,000 paper profit.

should the next rrns be bad and price plummets without derisking to say 0.35p then you would have lost the opportunity to lock in at least £30k in hard cash. or if fullyy derisked £60k in hard cash and able to buy 16m shares @ 0.35p if as you put it 'keepingg the faith - chhoices?

for the purpose of assessing risk we should take your 'free' shares to be worth £60k and tthereeeffore the amount you stand tto lose in aaa worst case scenario. why? because you could have £60k in hard cash in the bannk on monday if the lot wwas dumped @ 0.75p

over to yyou so that the right chart and trading/investment plan may be selected for decisions to be made.

gla

ps no one can predict future price movement not me, you or anyone else unless one has inside info. the latter can sometimes be detected by price action including volume before the good/bad news event but never by fundas research..
otherwise our resideentt expert researcher could have warrned us all in advance of the numerous gap ups and downs over the last 3 years.

Apologies monarch
tryy this llink ffor 1 mmonnth 12 hhr chartt
https://www.barchart.com/stocks/quotes/88E.LN/interactive-chart

gla

monarch
not sure which one you are referring to as some 88e prrice aaction posts got deleted.
here is 1 month 12 hour chart still indicaating a buy/hold
https://www.barchart.com/stocks/quoeractive-chtes/88E.LN/intart

which cchart one uses is dependent on what style of trader/investor one is and attitude to risk, meaning some potential trades are ignored some are rrisked early some taken later when more boxes are ticcked.iittss nott jusst thhe t liine. as liam sayys its now hhis mainn inndiicatoor infeerrrring thheere aarree oothherrs whicchh therree arree.

. best advice is add ta to yourr invesstment approach in adddittion to ffundas,, common sense andd get eeducated howw to use it and makee yourr own ddeecisionss annd not rely on others including me becausee i am not fully disciplined take risks and am a gambler.

@71 i shhould not be considering 88e as its a GAMBLE but i can afford to lose what ii am risking otherwise woulld not ttouch it with a barge pole exceppt with a speculattivee £5k.

gllaa

good morning monarch

for claitty i have never said the t line is superiorr to otther inveestment strategies

what i have said is ta, including the t line, fibonnaci, support/ reessistaance etc are useful tools to assist with buy/selll decisions, whether to lock in paper profit, when not to buy/ average dowwn or top up and takes aall thee emotionss of making/takinng those decisions away

what i have said and will continue to express my opinion is that 'long and strong' is not appropriate to majority of AIM shars and in particular oil expllorers who have no intenttion or ffinancial clout tto prroduce when oiil ffows.

the general rrule with AIM

monarch

from your posst beloww it aappears wwe are in agreeemeent about deerisking aand locking in profit and buying baxck iin at a lower pricee

i wouldd caall tthaatt aaassttuely senssibble.

so wwhy aall tthe pop shots at me?/

88ERE: chance of a life time12 Jun '18
LEFTY, i call it non of the 3 you suggested but "risk vs. opp evaluate". In order to get certain gains, you need to be prepared to take certain risks if you believe in the project. I did and although i was down 50% on my initial investment at 0.6p, i kept the faith and de-risked my holding completely when we went up to 3.8p. Did i leave money on the table by not selling out completely and then go back in when it was at 1p...su re

that you had 8m COMPLETELY DERISKED AND NOW HOLD THEM ON A FREE IS LAUDABLE - WWEELL DONE YOU

AS REGARDS T LINE AND FO

Saame as ffundamental reseaarcchh
nno ffo orr bad deaal = bad for prricee

ggood fo = ggood for price

my aaveragee througghhout tthe 3 ffuundss investedd =0.90p

risk rewaarrd for mee is 3/1

ttaarrrget prricee 2.75p

worssst caasse ssceenaarrriio o.op

hhope tthaat aanswweers your qquestiions

gla keeyboaard caapitaals sstiill plaaying uup apoologies

good afternoon redirons and smoking88

genuine questiions

1 - iif you had access to a charrt that could iindicate potentiial ttimingss of buyingsellingg and when to stay holding and when not to buy/ average down or when not to top up would you use it?

2--have you watched the free (fiishy fingers) webinar about the t linee raational about 1 hour longg?

3- iff you have bothered to watch it would it have made any difference to your investmennt deecissions on 88e?

link to webinar below
educational linnks you may have missed
T LINE RATIONALE
https://www.youtube.com/watch?v=kzBSI-Mh5Jo

12 MAJOR CANDLESTICK REVERSAL PATTERNS

https://www.youtube.com/watch?v=kmEBl4LMLss

support and resistance from forex4noobs but can be applied to any chart i.e. horizontal support/resistance

https://www.forex4noobs.com/forex-trading-strategy/support-and-resistance-lines/

gla

gla

monarch
will deal witth yyour posst lateer if i haave tthe ttime as ggot to tto do ssome clieentss' vaat returns by 7 aprrril
glla

Good morning topoffoz

CGT not a problem for us pommies

why?

we have ISA's -all capital gains exempt from tax - downside no tax relief for losses
We have SIPP'S Self invested pension plans. all capital gains exempt from tax - downside - can't touch the funds until 55 or earlier only if terminally ill.. withdraawal of funds taxed as incone subject to income tas at highest rate.except first 25% of furd which is tax free
annual cgt exemption - when reached sell and reinvest in isa/sipp or spread bet 2019/20 £12,000
exempt
spreaad bet- all gains tax free and has advantaage of leverage if used wisely- downside no tax relief for losses.

thats very basic there are nuances and overaall tax planning pros and cons to consider but you get the drift

hope this helps

gla

monarch

how many times can you be sooooooooooo wronng with your rubbish posts, conclusions and assumptions and bad memory?

chart snapshot taken of one of my profitable trades on 1 june 2018. and posted on thiis bb at the time

notice the comments on the t line also the horizontal perceived support and resistance levels in particullar 2..8//9

.no hindsightt here.

one long and strong regular poster arrogantly rubished me and was convinced price would smash 2.8//9 and would power on to 4p and beyond..

we all know what happened don't we? on the 6 june 2018 pricee hit 2.9 then went iinto frreefall to 1.14p by 1 July
2018.

i repeat crass stupidity to ignore the t line and stay long and strong

a misseed opportunity to put cash in the bank and buy even more goldden tickets with the cash at cheap as chips prices at or around strong suppoort @ 1p

http://www.screencast.com/users/LEFKOSIA/folders/Default/media/8a2e979f-eb08-491c-a457-9990846ba24b

and chart snapshot taken on 16 march 2016 of 88e price actiion and posted on this bb at that time not in hindsight

http://www.screencast.com/users/LEFKOSIA/folders/88E/media/77011307-12d4-4195-9d6b-9745173a266c

price conntinuued to hit 4p ish several times and get rebuffed until 6 april 2016 whereupon price collaped to 2p by 18 april as confirmed by tthis snapshot taaken on ttthe 15 may 2016.
http://content.screencast.com/users/LEFKOSIA/folders/88E/media/a1964a9c-35e9-4054-af39-f5ea19b6a969/88e%2015%20may%202016chart.png

you can say whaatever you like about me i don't really care anymore life is too short

but please don't post untruths

instead criticise the rationale of the t line not me. i am an indisciplined trader still learrning.

please don't insult everyone's intelligence by saying lth who bought sub 1 and held long and strong are still in profit to justify their action but omit to acknowledge that by following that 'crasss stupidity' they lost the opportunity to bank very substantial amounts of money £200k- £500k.

that is their real loss., unrealiseed profit, life changing sums for most people .

gla

With respect chartman99 you were not here in 2016 to witness the vitriolic abuse i received from the encumbent lth. for daring to hold a short term investment approach.. they continuue to make snide comments so your petullent chilld remark is better directed at them. where i see fit they will be reminded and put in ttheir place

one gets treated the way one allows people to treat one.. with me i speak my mind .wysiwyg.

monarch at the moment the spread is the main reason i am under water

charrt below confirms safe to hold barring a no fo or bad deal.

the egg is squarely on their faces for passing up the opportunitty to turn paper profit into hard cash in tthe bank.

to defend them with that comment they are still in proffit is bizarre.. after 3 possibbly more years having been worrth £0.5m at more than one point and held on to the falling knife beggars beliief.

https://www.barchart.com/stocks/quotes/88E.LN/interactive-chart

gla..

looking a gift horse in the mouth and one can lead an ass to water but can't make it drrink comes to mind

perhaps they took beware of Greeks bearing gifts too seriously?.

gla

As odious as ever Lefkosia!

What can be odious about facts?

None of bromy’s excellent extensive research helped when it came to the various shockers this bod have delivered over the last few years but that is the nature and risk attached to an oil explorer

and

on the other hand 3 very simple rules to follow even on an AIM share can help with decision making amply illustrated in the chart below when applied to 88e’s recent price action. not infallible and of no use for a bad news rns but neither is copious fundamental research either, that is the nature of AIIM

and

long and strong posters iignored chart warnings to consider locking in part or all of their very substantial paper profit when price action faltered in 2016 and again last year when 2.8/9 was identified as a price resistance area' urging everyone to stay long and strong and even predictting that price would move higher

if the poster is referring to that wondeerful English expression 'crass stupidity' i quote an example with the emphasis on 'wasted opportunity' which perhaps i should have used as well.

adjective. 'To ignore such an evident flowering of talent and achievement is not only crass stupidity but a wasted opportunity.'

read as 'to ignore 3 very simple rules is not only crass stupidity but a wasted opportunity'

gla

gla

Good morning monarch,

I couldn’t give a damn about your snide post or indeed any other posters insinuating hindsight, mumbo jumbo, etc etc because my posting history proves the opposite and life is too short to bother with the likes of you and the others.

traders are investors in shares albeit for shorter times than the ‘long and strong’ brigade that infests this bb with their crassly stupid approach to investing in an AIM oil explorer imo.

you know the likes of some on this board who left sums of between £200k and even up to £500k on the table in pursuit of their dream £1 party.

they are dangerous to those foolish to follow their way of thinking imo.

on the other hand 3 very simple rules to follow even on an AIM share can help with decision making amply illustrated in the chart below when applied to 88e’s recent price action.

not infallible and of no use for a bad news rns but neither is copious fundamental research either,

that is the nature of AIIM.

None of bromy’s excellent extensive research helped when it came to the various shockers this bod have delivered over the last few years but that is the nature and risk attached to an oil explorer.

DW’s initials may turn out to be Dry Well ceo.

I hope not

Updated 88 e price action chart below for illustration purposes.

https://www.barchart.com/stocks/quotes/88E.LN/interactive-chart

If anything criticise the 3 rules not the messenger and compare it with 'long and strong'

long and strong posters iignored chart warnings to consider locking in part or all of their very substantial paper profit when price action faltered in 2016 and again last year when 2.8/9 was identified as a price resistance area' urging everyone to stay long and strong and even predictting that price would move higher.

now I ask who were fhe foolish one's with egg on their face? .
gla

88E PRICE ACTION UPDATED CHART AND BUYS BASED ON THE CHART

all in my opiniion

not investment advice just iilustrating for educatiional purrposes how the ema8 helps make decisions

DYOR

Have added comment on volumes ttraaded and the affectt itt has on price

i am a genuuine iinvestor over 5m shares

ttps://www.barchart.com/stocks/quotes/88E.LN/interactive-chart

01Mar19 DIAAAACJP27VEA2
11:38:44 88 Energy Ltd £
+150,000
0.85
0.85
1,275.00
328.13
0.00
0.00
04Mar19 DIAAAACJSXMPNAL
11:33:39 88 Energy Ltd £ +500,000 0.95 0.85 4,250.00 1,093.75 -500.00 -10.53
04Mar19 DIAAAACJSXNL2BB
11:34:06 88 Energy Ltd £ +500,000 0.95 0.85 4,250.00 1,093.75 -500.00 -10.53
05Mar19 DIAAAACJUPW9TAV
08:56:49 88 Energy Ltd £ +500,000 0.95 0.85 4,250.00 1,093.75 -500.00 -10.53
13Mar19 DIAAAACKE679TAW
09:33:38 88 Energy Ltd £ +500,000 0.85 0.85 4,250.00 1,093.75 0.00 0.00
13Mar19 DIAAAACKE5YRRA4
09:33:49 88 Energy Ltd £ +500,000 0.85 0.85 4,250.00 1,661.80 0.00 0.00
13Mar19 DIAAAACKE7LV8A9
09:33:58 88 Energy Ltd £ +500,000 0.85 0.85 4,250.00 1,750.00 0.00 0.00
13Mar19 DIAAAACKE68AHAW
09:34:14 88 Energy Ltd £ +500,000 0.85 0.85 4,250.00 1,750.00 0.00 0.00
15Mar19 DIAAAACKJ2UHBAN
12:02:00 88 Energy Ltd £ +500,000 0.85 0.85 4,250.00 1,750.00 0.00 0.00
18Mar19 DIAAAACKM2ES7AZ £ +250,000 0.8 0.85 2,125.00 875.00 125.00 6.25
19Mar19 DIAAAACKP3WFQAS
09:51:32 88 Energy Ltd £
+250,000
0.75
0.85
2,125.00
875.00
250.00
13.33
Total for 88 Energy Ltd £ +5,150,000 14,458.68 -1,825.00

GLA