Fingers like lightning
BABABlackSheep has more data than eek
Fingers like lightning
BABABlackSheep has more data than eek
Fingers like lightning
BABABlackSheep has more data than eek
Mystic Poops is way ahead of you.
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I live on CUK
scooterscot is a fount of knowledge
No. Timing the market is where a buyer or seller believes they are buying at the bottom or selling at the top. Very hard to do. Waiting for a trend reversal, i.e. lower high is replaced with a higher low, effectively guarantees you'll miss the bottom (or top). The important difference however is that my risk of loss is now greatly reduced because I waited for confirmation thereby increasing my probability of a successful trade.
Have used the above method when entering or exiting a trade with repeated success on spot markets. It requires a lot of emotional control, however. It is not easy.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
My post count is Majestic
northernladuk has reached the peak. Play again?
Interesting you are lording it again about CNA when you yourself put it down to luck..
And I've said it before if you look at the time frame you held it for you would have been hard pressed to find a stock that was doing less than that. Most people were up 80% in the same time frame so being up 50% but still the bottom end of the gains isn't really much to shout about.
Didn't AtW make 300% in the same period?
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