RE: RR.L share price on iPhone11 Sep 2024 22:38
Peakdread here is my Pirate Code for Trading the Seas
Ahoy, ye scurvy dogs! Let's talk trading, shall we? Peakdread here, with a treasure trove of rules to guide ye on the stormy seas of the stock market.
Rule 1: The Price is the Prize The price is the ship's captain. Follow its lead, and you'll sail smoothly.
Rule 2: Ignore the Noise The news is like a parrot squawking. Please ignore it and focus on the ship's course.
Rule 3: Break Out and Buy When the ship breaks free from its anchor, that's yer cue to board.
Rule 4: Sell Before the Storm If the ship's heading changes, hop off before it sinks.
Rule 5: Buy High, Sell Higher When the ship reaches a new peak, hoist the sails and ride the wave.
Rule 6: Short the Shipwreck If the ship's sinking, sell it short and profit from the wreckage.
Rule 7: Shorting is Tricky Shorting is like sailing against the wind. It's tough, so be careful.
Rule 8: Some Ships Sail Smoother Some ships are steadier than others. Find the ones that sail smoothly.
Rule 9: Don't Put All Your Eggs in One Basket Spread yer treasure across different ships to weather the storms.
Rule 10: Ignore the Squalls Short-term price swings are like hurricanes. Please don't get caught in them.
Rule 11: Don't Chase the Ship If the ship's sailing away, don't try to catch up.
Rule 12: Let the Winners Run When the ship's sailing smoothly, let it go as far as it can.
Rule 13: Cut Your Losses Short If the ship's sinking, abandon it quickly and avoid further damage.
Rule 14: The Seas Can Be Fickle The seas are unpredictable. The ship can always rise or fall.
Rule 15: Catch the Wave Don't jump off the ship before it changes course. Aim to catch the middle of the wave.
Rule 16: Trends Can Be Tricky Following trends is like sailing in the dark. Ye might have more misses than hits.
Rule 17: A Good Hit Rate Aim for 40% hits when following trends.
Rule 18: Set Your Anchor Set yer stops far enough away to let the ship sail without dragging anchor.
Rule 19: Don't Fall in Love Avoid getting too attached to a ship. It might sink.
Rule 20: Don't Guess the Bottom Predicting the bottom of the sea is impossible.
Rule 21: Don't Guess the Top Predicting the peak of the wave is equally impossible.
Rule 22: Go with the Flow Don't fight the current. Sail with it.
Rule 23: Stay Focused Keep your eye on the horizon and avoid distractions.
Rule 24: Trade Wisely Don't risk more than ye can afford to lose, but also make it worth yer while.
Rule 25: Grow Yer Treasure Let yer profits compound and watch yer wealth grow.
Rule 26: A System is Key A well-crafted system is essential for sailing the seas.
Rule 27: Test Your System Test yer system before ye set sail to avoid sinking.
Rule 28: Don't Forget the Sunken Ships Remember the ships that disappeared. They might leave behind the treasure.
Rule 29: Factor in the Costs Consider the fees and slippage when calculating your profits.
Rule 30: Stick to the Plan Follow your system and avoid getting lost
Sign In
Follow the stocks
