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St James Place

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Woodford has put a temporary ban on withdrawals from one of his funds. SJP is one of his biggest clients. They will be put under pressure from their own clients on why they invested with Woodford

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1 hour ago, elle said:

not looking great today. I wonder how this will effect retail investors confidence in general ???



Exactly ...

If a seasoned manager of a multibillion hedge fund can't hack it, how can some 'day trader' sitting on their laptop at home have a hope in hell?

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Just now, dmedin said:


Exactly ...

If a seasoned manager of a multibillion hedge fund can't hack it, how can some 'day trader' sitting on their laptop at home have a hope in hell?

These big guys have all the resources to help decision making but they still have to compete with the market (each other), if someone's gonna win someone has to lose. You are not competing with these guys, your job is to follow, just try to follow one that's going up not down 😉

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    • Trade statistics of the 'Triangle 8th' system as of 12/03/2023 Gain: 102.00% Profit: 781.52 USD Funds: 1,400.18 USD Balance: 1,781.52 USD Beginning deposit: 1,000.00 USD Withdrawals: 0.00 USD Top-ups: 0.00 USD
    • Name of stock - Vox Royalty   Name of Stock Exchange - NASDAQ   Leverage or Share dealing - Leverage   Ticker - VOXR   Country of the stock - Usa   Market Cap - 100M
    • It is a best practice to buy dip and sell high but this strategy mostly doesn’t go as planned because you can’t predict the final bottom. Some traders BTD anticipating a potential pullback which mostly doesn’t happen and this force some into panic selling. DYOR is mostly advisable but some people fail to know which analysis they should focus more on. When deciding to hold a token for a long-term FA is very important and its cardinal point should be thoroughly scrutinized before making such a decision. These points include; Whitepaper, Road map, and Usecase. These points have a huge impact on deciding how long to hold a project and also booast your confidence in the project's bullish potential.  The first principle in this industry is “invest what you can afford to lose" though many neglect this principle as such when a project is going through a price correction they panic sell and sell at a huge lost. Most normal regret their decision later when they see the project back on track. Once you adhere to the first principle you hardly fall victim to panic sales. Note that it is mostly not advisable to hold meme tokens una less you are convinced because meme goes with the hype and finds it hard to retest its ATH once the hype is over.  Anyway what are your trading strategy and principles you adhere to most?
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