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dmedin

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Everything posted by dmedin

  1. 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?
  2. 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.
  3. 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?
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. It's been 'oversold' for ages and finally there's been a buying spree!
  9. I must be a masochist. I keep getting phkt and coming back for more.
  10. Options spread betting is counterintuitive and doesn't work the way you expect normal options to work.
  11. 89% of IG clients are long - this number has gone UP. Wtf...
  12. 'The time' to go short was ideally around end of 2017.
  13. I wasn't aiming that you @Mercury
  14. Would going long on the below be trading counter-trend?
  15. Welcome to trading ... when nice profits turn into losses 99 times out of 100!
  16. Is this the 'big one'? If so I need to put some more money in my spread bet account.
  17. Sorry if this is too obvious an answer but yes you have to have enough cash to cover the margin requirement.
  18. Where were all the gold experts on the 30th May?
  19. I hide my open order in order to protect my modesty but I'm short to 1800.
  20. Index has erased 100% of its 2019 gains and looking to break to a new low, 600 apparently. I entered short at 750.
  21. 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.
  22. Ironically, this is one of the FTSE 100 companies whose profits will suffer when Brexit is resolved and the GBP appreciates enormously. So I'm 'gambling that the permanently higher gold prices will outweigh this effect.
  23. That pickup of volume with the ascending green candlesticks suggested Boeing was on the verge of breaking out and going back into an upturn but it bounced off a trend line. A little pause for breath. If they get approval to put their 737s back into service I would be going long on Boeing, Cohen.
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