Member Info for mojo7865

It’s coming home!

Apologies to everyone on this board who’s woken up to this nonsense I can no longer waste my time posting here. It’s clear these boards are toxic the minute you share a contrarian view. Even when you present facts and are show the proof the delusion continues. I’ve never posted here to be a guide to anyone’s investment, never advised anyone to do what I do.

So a word of caution those who endless say buy buy buy and sell sell sell are not your friend. Bernie Madoff probably said the same things to his clients before he ruined their lives. My last bit of wisdom to impart make your own calls don’t be a sheep leaders do not follow. Even if your decision seems mad and everyone is against you.

Own your own success and failure.

Wishing you good health and good luck this is my last message here.

Mate seriously shut up you’re on my filter list know if people want to listen to your nonsense they’re welcome I hope they like listening to fairy tales. You’re pathetic and couldn’t even admit when you’ve called it wrong last week grow up.

I think the guy does get basically what I said

I said the “markets” have become like casinos every major index because both retail and professional investors have products which allow them to over leverage positions in effect causing high volatility due to speculation. The term speculation is used when it comes to gambling take a hint.

If you want a prime example what caused the financial crisis ? Oh over-leveraged home owners who speculated on property prices continuing to rise!

Get a grip man seriously who cares what I do or my position. If you want to be the centre of attention on bp go ahead it brings me no financial gain either way. Also being a 22 year “vet” I’m surprised by your posts they lack any logic other than “this is cheap this should go up”

Razu leave it this guy won’t learn man he takes things out of context. I bet he never even heard of Nathaniels Rothschild market manipulation battle of Waterloo look up the history there my friend. Honestly ****es me off but not worth it just wants attention.

Seriously stock ready stop I'm not the basis of this forum lol. If you've kept up with the grape vine you'd know I bought on Friday at 3.14 because my target was 3.11 and that was because the difference in GBP/USD( I posted it here if you need proof). Seriously for your own sanity let it go my view of the stock market being treated as a casino is shared by many in both the boards and professional trading. I said long ago the stock market is akin to a Ponzi scheme if you can't see it oh well continue to be a believer in fairy tales and fiat currency too. Only reason I chose to respond to your comment is that you're spreading misinformation I never said I was out in the post today I said I'm going to be out after H2. Again I reiterate please stop you're doing yourself no favours you were already proved wrong this week. Hold bp for 2 years or 500p it doesn't really matter to me wish you all the success and good luck.

I really don't get where you're coming from never have I ever recommended aim trading if you read my previous posts I've always said I'm a ftse 100 investor unless some how ULVR BHP AAL and RIO are aim. You seem to be twisting my words. Razu even said that I've said 5-10% returns is the norm. Your posts come across as you're trying to put your words in my mouth and extremely delusional. You're the one looking for the big gains on here 500p equates to almost 70% return from these levels. I meanwhile am looking for a modest 10%. I sense a bit of a green eye here after my quad call you need to stop the ramping it's becoming sad and embarrassing any one with a brain cell can see this. Accept you were wrong and move on I will not comment any further.

Also just to add no conspiracy about casino style trading it’s a known fact. Tiger hedge fund for one ubs trader back the financial crisis etc. If you look at the data for amount of retail investors who are using instruments of over leveraged products then you’ll see for a fact there’s casino style trading going on in the markets.

Respect your opinion stockready but, I have to disagree about patience. I’m extremely patient but I’m not going to hold for two years because I need the money for other endeavours this year. If you read my postings I was a Lloyds holder for over 3 years now and only recently offloaded because I see no more value in there won’t go into the details. Your view is very long in that you’re using metrics of here and now to justify a move to 500p in two years but two years is very long my friend anything can happen in between valuations change with time. Had I listened to your view last week I would have bought at 330s and been down almost 5% now. Like I said in a previous posting today’s person who’s right will be tomorrow’s person who’s wrong. Don’t worry about my reasons for selling they don’t affect you or the share if you’ve got conviction on 500p then good luck I do hope it goes there.

Lol another addition of what I forgot to say is volatility will become even more the norm now reason why I’m leaving. The problem is aim style investing i.e the casino market has found its way to the ftse and other larger indexes which I don’t like. Like most who complain here fundamentals have really gone out the window and can’t be relied on. Hence why I don’t like this new type of investing style hopefully with sports back to some normality a lot of these retail investors will go back to sports betting but, I fear it’s changed forever returns on crypto and other type of stocks have deluded a lot into thinking these returns are normal. I miss the good days when a 5-10% annual return was seen as solid returns.

Yup that’s the gist really you’ve summed it up. The Robin Hood crew plus traders who don’t trade with real money I.e CFD positions or spread bets can make the situation worse because of stop losses etc. A lot of the time you can read that situation from the forum mood and other sources. I generally try not to get caught up in euphoria or over pessimism it can hinder your logic. Let’s look at last week a lot of people thought I’d miss out on higher prices etc and I have to admit my finger almost hit the buy trigger but held my nerve. It’s all about going with your own research once you’ve done it and you’re confident on it stick with it and only adjust it when factual events affect it really. There aren’t many more ftse opportunities better than bp and shell at the moment the rest were well overdue a correction so they can move up. My target price is around 340p I plan to be out once the q2 results hit not cause I don’t see this higher but because I’m leaving the trading game and investment game soon (I’ll be back when the next crisis hits).

Also like to mention the severity of quad also depends on market conditions I.e has the market been on an overly bullish run and are things over bought this is something I mention a few days before the drop on poo and bp that they were two points away from breaching the rsi (again this was scoffed at). This all made for a perfect storm scenario. What’s helpful is if you find indicators that work for you I have mine but won’t be sharing them for my own reasons namely I don’t want others to start using it lol.

Sorry forgot to say what I said about 3rd week incorrect it’s 3rd Friday of every month because a week of any month could start on a Saturday apologies was an early morning reply needed time to gather myself.

No problem tbh people haven’t taken notice of it including myself until March the reason it’s so exacerbated is because so many retail investors have access to tools they shouldn’t use. Anyway my understanding of it is this. 3rd week of every month on Friday options expire this is known as triple witching. It has a slight impact on all shares however every quarter i.e March June sept and December you have a phenomenon where 4 options contract types expire on the 3rd week of that Friday. Most professional traders and hedge funds take advantage however the advice is to not trade the volatility. My understanding is most of them will sell off well before quad happens I.e a week in advance and buy back the week after quad has taken place. There’s a lot more to it though than what I explained you’ll need to do some research on it etc. Anyway I don’t like to rub salt into peoples wounds we’re all human and make mistakes the difference is to learn from them there’s always someone who has a bit more knowledge/experience than the next person good luck.

Having a terrible day as well as other shares I'm interested to see where the markets are at 9pm tonight.

I was the one who called bs on the 270 anal gaps but got ridiculed by so many on here but, lets not go back there brought out an ugly side. I don't see why anyone getting worked up with this its dropped did you actually think it goes in a straight line without bumps in the road. There's always something round the corner I didn't say it's just oil related if you read my previous posts i mentioned quad witching weeks ago plus mentioned the rsi over heating on so many of the oil equities as well as Brent and oil. My prediction for 66 and 68 is off at the moment but there's enough time in the day for that to happen. Quad witching is the last hr of the trading day so keep an eye at 8pm what happens stateside.

Just bought target was 311 but gbp/usd drop makes the current 3.14 level equivalent. gl all.

Just had a look shell is 4% down in comparison to bp. Food for thought lol anyway no one should worry or analyse what I say. All I can add is these words of wisdom have conviction with your buys and sells don’t follow anyone else. In business I’ve always lived and died by the motto if the price is not right walk away doesn’t matter what happens after if you’re not comfortable with what your buying or where you’re selling it’s not the deal for you.

I’d like to say I’m a genius but far from it just experience really. These things can go either way will let you know if I take a position at the mo no point till usa sets the pace. I know where I want in and that’s what I’ll wait for if it doesn’t go there and I miss it so be it good luck.

Sorry meant equities but you get the gist.