Member Info for steveknowsnothin

Sill need to break out of the triangle of doom, hopefully that is going to happen this afternoon.

https://www.tradingview.com/x/xiRz7nXe/

@theyknowitall see that Alien is retweeting you.

https://twitter.com/TKIA87661582/status/1329547516501757958

I reckon you are right, temporarily dipped below the 50ma and then bounced above it.

Sure

@neilmc83 if you want to join our tgram group, we chat about UK/US shares most the way through the day while working and what we are trading. https://bit.ly/35M7qQF

One of my big lessons was that you can't mix investing and trading. Investing comes with emotions and I am emotionally invested now in the success of UFO and my belief in Bill, end result is you just become terrible at thinking in the short term trading cycle because of your beliefs, so if in doubt, hold.

Trading is easy when you know something is being pumped, as you can set your exit price, execute your strategy and then walk away.

Not necessarily, dependant on the volume, the MM will keep a float of shares. When you sell it generally will go into the MM's stock. Pretty much the reason you can only move to a SETS order book when you have the volume, as otherwise it would be near impossible to buy or sell.

RMS not RNS, LOL, RNS on the brain.

All depends on the buy volume, if the volume is there at 2 and covering those people then it does not matter.

Look at RNS, higher highs on the last peak and blew through every level where you would think people who were locked in would have sold.

Answer to your question is, in here for the long haul until I at least see 6p or the end of next year and then will reassess.

Might try to trade and get holding growth on the way up, but might just hold tight and absorb the dips if I don't feel confident enough timing it. Trying to actually judge what is overbought and how much legs a leap up has left in it is not a science and very easy to get wrong.

@pops1980 if UFO reaches £1.90, I will retire to my own private island.

BZT was my least finest moment a week ago. Timed my exit perfectly from 5k at 0.32 to 0.44 and then got FOMO and put back in 2k at 0.45 and sold it at 0.39.

Difference for me is BZT and RMS were trades, as I don't really fundamentally believe enough in the underlying business. Where as UFO I am invested, as I can see the path to success.

neilmc83 indeed, the psychology to buy back in changes as well.

Same here, but truth be told, hindsight is a beautiful thing, especially with charts.

Had just come out of another share and it had done an identical thing, weird how you react when greed comes into play. Lead me to being an assassin with RMS and jumped in at 2.3 and got out at 4.3, bigger gains could have been had, but was happy with the result.

It's all lessons, most expensive private education around!

I like to steady my nerves sometimes by going over previous shares that have done well and having a look through their journey. Here is GGP on the journey to where it is now,

https://www.tradingview.com/x/KJag6bG6/

Point is, there is always a pull back. It is not the death of a share, just a healthy consolidation in a new range.

Everyone knows the saying "time in market beats market timing", the problem I have found with stocks, is it's one thing knowing it and a much harder thing actioning it.

pops1980 don't think I mentioned a JV for Greenland. I said 'something for Greenland'.

I am generally not factoring Elizabeth Hill or Greenland into any of my rationale at the moment.

First line on Wikipedia - https://en.wikipedia.org/wiki/The_Gateway_Pundit

The website is known for publishing falsehoods, hoaxes, and conspiracy theories.

The timeline from here is,

- Silver Drill permit Granted
- Iron Assay Results
- Silver Drill commence
- Iron JV partner
- Further results from Capstone
- Silver Assay Results
- Something from Finland
- Silver JV partner

So much good news already on the way, What am I missing?

Might dip out and in if it goes into over bought, but am here for at least a year now.

Aliens business model of doing the exploration side and then letting others take on the mining risk is perfect in my eyes, allowing them to role profits into new ventures with very little downside.

Just like @chris2, trump's aim is not to win right now, but gain entry in the next election by spreading misinformation and create doubt.