Member Info for Scully12345

It's just market makers games but then again I'd know nothing about that just a noob hey officemanager. How long have I been investing?

Wilk live prices are showing .38-.39p though :/

Gunny I didn't say pounds though lol??

Me too lol yes pence!

UKOG around 5% up though.

Great thanks Flobber - it's just a learning game

This is not a ramp but my honest opinion or what we'll see today - 0.50p based on how they're talking over at the UKOG board this should be over 3p today (UKOG not ALBA)

Oh and final bit - the number one thing that counts on AIM is SENTIMENT!

Oh and in terms of setting targets, mine are 10% down and cut losses and 30% up and take a profit but I don't always stock to this - I might let a loss run to 25% and then average down or take a profit at 300% it depends and it's hard to guage. Just don't get carried away, don't get emotional and look at the charts, share price, sentiment and fundamentals not the money you've made/lost

Oh and ca I add another... - as soon as you put money into a stock say a little goodbye to it - not that you'll necessarily lose it all but this will give you a reality check in case it does happen, especially on AIM

Portfolio how about a few more: - start with a pretend portfolio before you put real money at risk - don't get confirmation bias i.e. don't find reasons that don't exist to invest, hold, buy..similar to what you said about falling in love with a share - don't average down in some instances - if it means you overextending yourself in some shares / putting too much cash in - don't invest money you'll need in the near future - use watchlists and get to know a lot of stocks so when you exit one you might have another nicely lined up for an entry - learn to top slice - i.e. if you've put £20k in a stock and it's bagged to £40k, take your £20k out so you've got £20k in for free. Only relevant if the investment case is still valid which nicely leads me to... - if a stock is down or up, or breakeven, try to consider the stock as if you weren' in it already - and decide of you'd invest right now - take a profit - don't give it back to the market - don't day trade unless you know what you're doing!

Night all

Simon - we definitely got loadsa oil down there?

Got to say though I was super busy on Monday and missed Alrighty's posts after 8.30am - I was looking forward to reading through them that evening but they'd been deleted. Anyway had a great time platting snot instead

Dammit man I thought you were going to bed. Hasnt luv island finished yet

Anyway I love AIm even when it's bitten me .it's great you can have AIM stocks in ISAs and SIPPS these days you didnt used to be able to.

The main problem I had with AlrightyThen was his confirmation bias and how it got himself so worked up on believing a particular outcome would occur. RNS out last Friday 20 minutes or so before close and he made up in my mind that "trades were pouring in" and it didn't spike because the market didn't have time to digest the news. Then the 2nd RNS came out Friday and he spent all weekend imagining the share price darting up. New traders see what they want to see when their emotions are clouding their judgement which is why they lose money. Another new trader in another board as bought a another share I'm in maybe 5% above what he wanted, then he was thinking of selling on the same day. Just shocking really. I think new traders don't like to see the red in their portfolio. No-one does but if the investment case is still relevant why sell?

Got that wrong lol 1.64p to 2.05p

Remember last summer UKOG going from sub 1p to around 10p - if this happens again expect ALBA to 4 or 5 bag IMHO - would put the share price at £1.64 to £2.05.

I had a look this afternoon Simon - just from the video's audio I wasn't sure if they were trmesting or pumping oil? https://twitter.com/WealdOilers