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Tips and tricks!

snapdragon1970 (snapdragon1970)
Jan 21 2016 at 20:41
1944 posts
trendfollowers posted:
The trend is your friend except at the end where it bends - Ed Seykota


If you get good at spotting the start of a trend ,you can make big bucks with low risk.

"They mistook leverage with genius".
idimitrov
Apr 30 2016 at 20:52
421 posts
reading the topic was woth it

snapdragon1970 (snapdragon1970)
May 01 2016 at 15:35
1944 posts
idimitrov posted:
reading the topic was woth it


Aswath Damodaran on Corporate Finance if your interested in Company stocks.

"They mistook leverage with genius".
snapdragon1970 (snapdragon1970)
May 06 2016 at 17:00
1944 posts
60% of my trades are wrong and 40% correct,even at this rate I make a good profit,it doesn't bother me losing on some trades,its part of trading.I keep my losses as small as possible and let winning trades run.At the moment I'm trading stocks,this is the time of year to pick up some winners,my view would be negative on stocks,unless I get a 10%-20% pull back.

"They mistook leverage with genius".
snapdragon1970 (snapdragon1970)
Jun 21 2016 at 18:56
1944 posts
Here's a good website worth checking out,its called ChasingReturns.

"They mistook leverage with genius".
mlawson71
Jun 22 2016 at 07:15
1487 posts
snapdragon1970 posted:
trendfollowers posted:
The trend is your friend except at the end where it bends - Ed Seykota


If you get good at spotting the start of a trend ,you can make big bucks with low risk.


That, unfortunately, is pretty big IF. Spotting the beginning of a trend is one of the most profitable, but also one of the hardest skills to learn when trading.

snapdragon1970 (snapdragon1970)
Jun 23 2016 at 20:22
1944 posts
Unless you buy at a great price and sit on it and wait for it to trend,the cost of waiting though.Have you got the patience?Most of the time you will miss the start of a trend.

"They mistook leverage with genius".
mlawson71
Jun 27 2016 at 08:45
1487 posts
snapdragon1970 posted:
Unless you buy at a great price and sit on it and wait for it to trend,the cost of waiting though.Have you got the patience?Most of the time you will miss the start of a trend.


That was my point exactly. Trying to trade a trend, with long-term positions especially, after you've missed its beginning is an exercise in frustration.

snapdragon1970 (snapdragon1970)
Jun 27 2016 at 18:53
1944 posts
There's a Guy called Mark Shipman,you might find interesting.
The Banks in the UK are really in a bad state today.

"They mistook leverage with genius".
mlawson71
Jul 02 2016 at 11:45
1487 posts
Although the Forex community itself doesn't seem affected as badly as it could've been, Brexit still did a number on various businessnes. Peter Hargreaves' 32% majority share in the financial consulting company Hargreaves Lansdown fell with £400 million after Brexit. (https://smnweekly.com/2016/06/29/cmc-markets-peter-cruddas-among-big-losers-post-brexit-market-turmoil/). After the rebound that loss was reduced to £300 million, but that's still an enormous loss.

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