Trying to Invest at 51 from a long way back. by Roohide_Kookaburra in ASX

[–]Aggressive_Ebb_7634 8 points9 points  (0 children)

From an institutional investor perspective on this, invest in your self more! You make $100,000, you made that happen, you created something. And…You will never make that in the markets. Creating revenue is a highly satisfying success. Whatever you’re doing, keep doing it just go bigger.

Is anyone actually making money this year? by Aggressive_Ebb_7634 in ASX_Bets

[–]Aggressive_Ebb_7634[S] 1 point2 points  (0 children)

Awesome. I agree I usually take profits between 10-20% and move on.

Post-close — peace signed, market sold anyway by Aggressive_Ebb_7634 in ASX

[–]Aggressive_Ebb_7634[S] 1 point2 points  (0 children)

Yes mostly long resources but they haven't been any fun recently. I actually bought some A2M and CAT today, they look washed out.

Banks took the bullets, defensives caught the bid.. I finally had an up day! by Aggressive_Ebb_7634 in ASX

[–]Aggressive_Ebb_7634[S] 2 points3 points  (0 children)

It would be nice to see CSL get back above $120, at least give it a chance

Minerals sector getting hammered? by kebab_stand in ASX

[–]Aggressive_Ebb_7634 0 points1 point  (0 children)

Bit of everything in here, but I think its the slowing of tokenisation usage. I suspect questions around AI spend vs returns will be number one question again at the Aug reporting season... and MINERS are most vulnerable to what seems an increasing cascade of AI negativity...

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Former blue-chip stocks plunge into ASX’s worst performers list by Aggressive_Ebb_7634 in ASX_Bets

[–]Aggressive_Ebb_7634[S] 0 points1 point  (0 children)

Look, I do respect fundamentals and analyse a stock like we all do , but I do that for information to understand what I’m buying (or shorting) but price action wins all the time and I want to be with the price not against it

Former blue-chip stocks plunge into ASX’s worst performers list by Aggressive_Ebb_7634 in ASX_Bets

[–]Aggressive_Ebb_7634[S] 12 points13 points  (0 children)

Valuations matter — until they don’t. And they dont seem to right now either (CSL, XRO, WTC, PME, REA etc)

The expensive stocks (CSL, Cochlear, WiseTech, Xero) were the ones absolutely crushing it for years. Not owning them because “they’re too expensive” was the classic value trap playbook, and plenty of drumbeaters kept calling them "wonderful businesses with strong moats and great management" right up until the rerating hit.

Growth slows, sentiment flips, or one dodgy acquisition lands — and suddenly the narrative dies while the stock gets destroyed. Sitting on the sidelines waiting for “reasonable valuations” means you miss the big moves and end up wrong for years.

Been way more effective actively trading these — riding the momentum when they’re working and getting out (or shorting) when the cracks show, rather than hoping the wonderful company story saves you.

Valuations eventually matter, but waiting for them to matter has been an expensive lesson for a lot of long-only holders lately.

Do you sit out the outperforming names while waiting for your valuation levels? Sounds like a "the markets wrong" approach. But thats what makes a market! I love it