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  1. #4581

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    Quote Originally Posted by BABABlackSheep View Post
    It’s more about general investing. Using charts is specialised. Why not create your own thread and then its up to everyone else to whether they contribute(or even view it) or not.

    Edited: Thinking about it..start a thread..put graphs of Lloyds, Pearson, and BT up there and tell us why you think they will do great, and why AliBABA and Square Inc will do crap, plus anything else you want of course.

    At least people can focus on that rather than the FTSE which isn’t going to crash anytime soon lets face it
    .

    Okay - a thread just for technical - of course there'll be folks there as quick as you know it claiming we're enticing gambling etc.

    w.r.t. FTSE - whether you're bull or bear - one has to paint a picture why the other side is not true. You're bull on the FTSE and I'm bear. So I consider my bias and look over my shoulder, and I ask myself how can this by bullish? Whether it is fundamental or technical, it does not matter, the point is be without bias as much as possible. It is like having a super power, this way you're far more protected from horrible mistakes.


    Oh - start taking notes. This is / has been a huge help for me. Take notes, write down what worked what did not. Then go back and look weeks months later - it is incredibly powerful.


    Speaking of horrible mistakes - say bye bye to that chunk of dough, unless something miraculous happens in the next 18 days.

    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

  2. #4582

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    Quote Originally Posted by scooterscot View Post
    this way you're far more protected from horrible mistakes
    For example fictitious $250K shorts? Are you admitting to extreme bias?

  3. #4583

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    Quote Originally Posted by TheGreenBastard View Post
    For example fictitious $250K shorts? Are you admitting to extreme bias?
    No. But trying to time the market... don't. Just don't.
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

  4. #4584

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    Quote Originally Posted by scooterscot View Post
    No. But trying to time the market... don't. Just don't.
    Why did you try to time the market, emotions?

  5. #4585

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    Quote Originally Posted by TheGreenBastard View Post
    Why did you try to time the market, emotions?
    Lack of brains

  6. #4586

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    Quote Originally Posted by TheGreenBastard View Post
    Why did you try to time the market, emotions?
    Surely TA by definition is timing the markets? It looks at past performance and times when the stock/asset/equity is going to move in a certain direction. And Scooty constantly gives dates on when he thinks things are going to move, and hence this is 'timing'.
    I am what I drink, and I'm a bitter man

  7. #4587

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    Pooter never times the market because all his trades are imaginary.

    He just likes the squiggly lines on TA charts, it's like a kid looking at the clouds and seeing things.

  8. #4588

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    Quote Originally Posted by AtW View Post
    Lack of brains
    Zombie famine? Send moar braiiiiins!

  9. #4589

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    Quote Originally Posted by ladymuck View Post
    Zombie famine? Send moar braiiiiins!
    Look at his avatar...

  10. #4590

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    I've learnt so much from my mistakes I'm thinking of making a few more, as my papa used to say.
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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