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dmedin

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Everything posted by dmedin

  1. I'm long on the Cannabis Index now. Surely it has reached a bottom and is heading back up.
  2. Going home for some 'fortification' soon. 🍹
  3. Shooting star ... time to quit.
  4. Centamin share price dropping like a rock now ... you'd almost think I was so f*king bad at this that I'd be better off stopping and running away with the little money I have left.
  5. Never-ending growth is the prerequisite of capitalism. This isn't a 'free market' that reaches 'equilibrium' through the agency of 'free contract'. It's a heavily manipulated circus run by people who proudly call themselves 'financial engineers'. Engineers are people who devise and create outcomes. If the market falls, it's because it was engineered to do so (prime the pump). But the story will always go back to a bull market, time and time again. Because capitalism cannot existing without never-ending compounding growth.
  6. Gone long on a March 2020-dated future. 100 point stop, 300 point target. Seriously CBA with the 'technical analysis' nonsense any more.
  7. Maybe one day you'll learn the ultimate lesson: that this is all fool's gold and there are a lot of people laughing behind your back for taking it seriously. 74% of punters get bent over and take it dry ... how you like them odds?
  8. In theory. The (historical) benefits of buy and hold are documented and quantifiable and the information is available to all. Day trading is like professional poker - a way to separate gullible mugs from their excess cash.
  9. This latest pullback isn't even as bad as May's ... Notice, the person who bought and held a DJIA-tracking fund or such-like at the start of the year is quid's in ... traders trying to 'profit' from volatility are losing money hand over fist and contemplating hanging themselves. Is 'trading' a mug's game?
  10. I can't see any 'pattern'. I just see chaos and wild, random swings in price. This is clearly a 'market' hostile to investment and geared up for manipulation by President ****-for-brains and his cronies.
  11. Hammer on the hourly chart and this, "In the U.S., sales of CBD products for all species are approaching US$500 million, reported David Lummis, lead pet market analyst for Packaged Facts, in a column in (https://www.newsfilecorp.com/redirect/VBKgUeEk)Pet Product News (https://www.newsfilecorp.com/redirect/zDZ5uoVe). Citing data reported by the Washington Post, he said those sales are projected to soar to as much as US$22 billion by 2024." Why bother trading? Just buy and hold.
  12. Greggs has bent me over and gone in dry today ... I despair of trading and investing. I just don't see how anyone who isn't an insider can make money from it. 2% savings accounts beckon.
  13. Maybe time to think about going long, perhaps on a future contract. UBS upped its rating on shares of bakery chain Greggs to 'buy' from 'neutral' on Wednesday, lifting the price target to 2,300p from 1,880p as it pointed to "significant" growth opportunity.
  14. It's been 'oversold' for ages and finally there's been a buying spree!
  15. I must be a masochist. I keep getting phkt and coming back for more.
  16. 89% of IG clients are long - this number has gone UP. Wtf...
  17. I wasn't aiming that you @Mercury
  18. Would going long on the below be trading counter-trend?
  19. Is this the 'big one'? If so I need to put some more money in my spread bet account.
  20. Where were all the gold experts on the 30th May?
  21. I hide my open order in order to protect my modesty but I'm short to 1800.
  22. Index has erased 100% of its 2019 gains and looking to break to a new low, 600 apparently. I entered short at 750.
  23. In these troubled times we could all be doing with lighting up a big fat doobie, but it seems that the cannabis index is gang aglee.
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