Thank you so much, Chris. Your explanation was so clear. I appreciate your post a lot.
@TradingGame
Ай бұрын
Glad it was helpful!
@tomc3130
Ай бұрын
Timing of this video, are u implying this is what the Nasdaq and Semi going to look like soon?
@TradingGame
Ай бұрын
No - I have no idea what will happen in the future to any instrument. Nor does anyone else.
@tomc3130
Ай бұрын
@@TradingGameWell, it certainly does look a lot like it now after last night’s move.
@peterjohn5834
Ай бұрын
Chris would you do me a favour and review the share price performance of PLS over the last 12 months. Three times it gave signals to resume trend higher and then failed. Certainly caught me out. Cheers and thanks
@TradingGame
Ай бұрын
Are you using weekly or daily charts?
@peterjohn5834
Ай бұрын
@@TradingGame Chris thanks for your response. In a long winded answer; I have been trading for 20 years, started at Easter 2000. My record is mixed but I made money. Many, many trades and sells. My success rate was 65% with an average win of $1400 and a loss of $600. No real big wins but gradually moved forward. However, time goes on and printing all buys and sells then throwing these out 7 years later I found that if I had bought supposed blue chips and just held I may have achieved more. Buying and operating our own business got us into commercial real estate and this works a treat at growing wealth. Retiring also brought changes and a move to Macquarie Private as a 7g. Thought that was it and just needed to play golf. Big mistake. Instead of actions I sat followed advice and reverted back to what I am good at, doing research. Following advice is a complete waste of time. Buy and Hold what a croc of s..t. Just a reason to charge you money for doing nothing. Buying when you give them millions with no consideration of market cycle processes. Just invest your money and keep paying your bills. Just bulls..t. Holding an MBA I can call that one out. Found Spodumene and Lithium and rode the first boom. Second boom arrives and I have moved to Heiken Ashi Weekly charts. Walk away play golf take the drawdowns but when it turns buy more. Did this three times with PLS chanting I know what I am doing. So in answer to your question a series of mistakes, clouded perceptions, thinking I know more than I really do. It’s not life threatening but would like your views on how to improve trading/investing outcomes and to impart knowledge and education for the future. Cheers and thanks.
@peterjohn5834
27 күн бұрын
@@TradingGame thanks for this response. I just found it. Well using both weekly and daily charts. Trying to transition to weekly to slow down. Problem 1 was travelling to Europe for three months commencing last July. No frigging stop losses with Macquarie Private and it only cost $20k per year for the privilege. Then the real problem 2. Too proud to take the 30% losses and buy and hold is the way to go for grown ups. Still spewing as you see. Lithium will turn demand is growing at 30% per year. PLS has brilliant customers and splendid management team. Chris Ellison and MIN. How amazing the guy is better than me. Cheers and thanks for the shoulder. Peterj
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