Member Info for RazorShultz

BMNSA, you couldn't be further from the truth. A stop loss does not in fact protect you from losses. In most case, all it does is ensure you'll make a loss. Most investors on here do not recommend using stop losses.

So for someone completely ignorant of technicals, and all this trade analysis, who are we angry at? Is there a group of investors conspiring to manipulate the price, or is it the MMs who are at fault for allowing this stuff to happen? I've looked at Alfa's complaint article but it's all greek to me

Don't feel bad DM, to be honest if you had urgent need of this money for pension drawdown then investing it into shares probably isn't the best thing you could have done, but this will go up, and then up some more. Shares need time for the companies to show the world they're steadily progressing.

But at least you've picked a solid investment which will reward you in time.

I can see why that'd be annoying Roscon. Most of the time people in call centres aren't the experts unlike the people in the back office who do the actual work, but often times they will call through to their back office admin teams to check facts on things that you phone up about. It's really weird they wouldn't give you any indication about turnaround times, especially during the run up to tax year end. You might have just spoken to someone inexperienced (or someone who was afraid of having to give bad news about turnaround times or cut offs, there are lots of those in call centres).

When phoning a call centre it's best to not to rely on them as experts who know everything I find, we would get far less complaints if customers would probe carefully with their questions and act like the experts themselves. Us people on this forum can definitely do that since most of us are switched on enough that we don't have financial advisers and do all our own investing, but we obviously expert the platforms to give us the information we need.

A few tips when working with your investment platform that might benefit everyone, is to just learn their little quirks about how they work. What their turnaround times are, whether they can accept forms via scanned copies in emails or whether they need the originals with wet signatures, what instructions they can accept via emails/phones and what they need in writing, what their deadlines and cutoffs are, etc. Basically to study how they work as some kind of wild beast or something.

It's also a good idea to get email confirmation of some things, as if it later turns out they gave you incorrect information, like when they've said they'll do something they later want to go back on, if you have it in writing they may do you a one off favour because of it.

If you think you've been disadvantaged because of a transaction that could have happened in the last tax year but was missed, where it could have been avoided, and you say this to them, they would probably take it as quite a "serious" complaint (at least we would at my place). I think it may have been a poor omission on their part to not tell you the turnaround times.

Also just to say as someone who works at an investment platform (albeit much larger than CSD) any time you send a form you will likely be subject to turnaround times for the different processes, like fund switches or transfers, etc. Anything that needs a real human to look at a form or key data in will be hampered by their work volumes.

it's a good idea to do as much automated stuff as possible, i.e by clicking sell on a fund or share it's likely their computer systems will automatically place the trades, but it varies from company to company. If you have time-sensitive stuff to deal with, it's a good idea to phone their call centre well in advance and ask them what their turnaround times are currently. That's the best way to avoid disappointment with tax year end stuff missing cutoffs the company may have, etc.

I use Charles Stanley Direct, used to be with HL but don't like their charges. CSD waive the platform fee for SIPP if you have over 30K in it, and waive their platform charge for isa/trading accounts for that month if you make at least 1 trade that month. Their fee is £11.50 per trade I believe. Their customer service is excellent and they have secure messaging built into the platform. Highly recommend them to anyone.

I really hope we can defend against any takeover bid. I want my investment here to last for the long term.

Yes you are correct in saying that swampdub

Corbyn would be an economic and social nightmare for the country - but let's focus on the fundamentals here or we might get into political arguments which no one wants!

No one called it because we don't care if the SP drops or for what reason, so long as it's part of the intraday price movements. The drop is not connected to fundamentals or any negative news so most of us here aren't bothered.

I am sure most people on this board agree technical analysis is unimportant ultimately for making investment decisions, Inner Harmony, but as has been said, some people here are interested in it for academic reasons, and simply find it interesting to look at whether different techniques in it work and how well they hold up.

Speaking of leeks and cabbages, make sure to eat them. And celery and onions! Garlic, watercress too. And a good fish oil supplement should help!

Vig, I have read about prolonged fasting (nothing but water for 4 days or more) and have tried it. Dr Rhonda Patrick talks at length about fasting and if you google her name and put fasting after it, should be able to find information on it. It's great, and has many benefits including cell apoptosis and autophagy, and rebooting the immune system, and weight loss.

Alastair, i am interested in nutrition and health and will check it out. May i also suggest "disease proof". It has a bright yellow cover and i got it on amazon

I'll have to give that recipe a go

"It makes no logical sense to me to continue holding a share once a falling market has been identified." Well it makes sense to me and a lot of others. If the market is falling in general, an individual company you invest in (such as BMN) may be doing excellently, providing you better returns than if you were invested in an index tracker fund. If you keep buying during a market fall, you can benefit from a huge recovery.

"I used to invest when I started out but invariably lost money. It is only when I overcame my prejudice and actually listened to a thoroughly vile deramper (who took great pleasure in mocking LTHs) that I realised the underlying premise made perfect sense. To put it horribly bluntly "a LTH is a failed trader". It's the other way around - traders are failed investors, and they rarely make money compared to investors. Most adverts for CFD brokers etc say that about 70% of retail depositors lose money. There are almost no famous traders, and compare that to warren buffet, charlie munger, peter lynch, etc.

You lost money because your emotions got the better of you during a bad time, or you invested in a fundamentally bad company. Both of these are things I have done myself in the past, and now I'm in BMN, so not doing too badly. We have numerous posters on this board who have made themselves millionnaires by investing in this share. None of these so called "traders" have done that.

TA is a "tool" sure, but it's also worthless for shares and the only people here who take it seriously are those with an academic interest in it, like the guys looking into EW theory. I think the people who come barging in here lauding their magnificent charts are usually laughed out of the room. I was trained in TA at a hedge fund and we only really applied charts and indicators and trend lines to Forex trading. For shares we just looked at the broker consensus, and if it was "yes", we bought the share and went long on it til the price rose (no that's not a joke).

I much prefer just waiting to learn more about the fundamentals, as does mostly every well informed person here (of which there are a surprisingly high number, and all good quality posters)

Oh ok then, that makes a nice change. Irish news sounds like it's written a poorly researched article, so just read the RNS of this company and you'll build up a picture of why we like the company and its management

Are you trolling mate? If you knew a single thing about this company you'd know the EU funding is not critical, and all of their plans have assumed no funding granted. EU funding is therefore purely an upside if we get any of it. There's no need for a plan B because not getting the funding is Plan A.

Sentiment is not really influenced by the chart and technicals for shares as much as in forex, only in a minority of individuals and companies. Most institutions are funds or private equity, pension funds, some hedge funds, investment partnerships etc, and out of those only hedge funds really invest in shares based on technicals, and even then they are probably more interested in using technicals for Forex than shares. The huge majority of investors on here and other investment boards are long term holders not chartists, and fundamentals always win out in the end for shares.

I agree it's top up time, but wish I had more funds available :<