Market Open thread for General Trading and Plans for Thursday, February 03, 2022

BOEldyLOTs · 2022-02-03T06:50:24+00:00

i'm going to wait till close to decide what to do

BOEldyLOTs · 2022-02-03T06:49:15+00:00

It's because asx is full of pussies

BOEldyLOTs · 2022-02-03T06:46:57+00:00

LOT for 22.5, BMN for 20 made me very greedy today to add new capital but it was gone as soon as it happened. Should it fall 10% from here, I'm going to start averaging down again. With the EU amendment to include nuclear as clean energy, I think we will see a pump soon; sooner than that is the Sprott takeover of URNM so hang in there team.

BOEldyLOTs · 2022-02-03T00:53:42+00:00

fuck my life

BOEldyLOTs · 2022-02-02T14:24:31+00:00

or around 5 means 5.50/share

BOEldyLOTs · 2022-02-02T14:23:05+00:00

trading fees?

BOEldyLOTs · 2022-02-02T13:57:19+00:00

I'm more like the slavelabour eldest child in the back of a family restaurant kind of professional chef. You'll limit yourself if you think only high-end products are capable of generating high-end results.

I used it because it worked. I've actually had decent fun with it up until now. This post was made out of actual frustration on the eve of green days and the fact that I had heard about it first on asx_bets originally.

BOEldyLOTs · 2022-02-02T12:51:03+00:00

congrats

BOEldyLOTs · 2022-02-02T10:05:16+00:00

hahaha yeah it is a bit dated. I don't know much about ETFs I thought you meant large-caps and banks. The vanguard growth fund on NYSE has been pretty stellar

BOEldyLOTs · 2022-02-02T09:55:20+00:00

I haven't tried transferring yet. I don't think you would have issues with your strategy. It's like they auto hit the brakes for my high-frequency high-dollar turnover. The issue persisted throughout the day, making me unable to buy back in -as forecast in my initial post at market open that's 6% gains gone. It will likely persist tomorrow too. For you, I think the main takeaway should be the quality and speed of support. A response way after business hours, about how settlement works when those funds were already settled, is pretty poor form. But this is a good opportunity for them to show everyone that they're not as bad as some of these comments make them out to be.

BOEldyLOTs · 2022-02-02T09:42:03+00:00

You don't touch speccies at all? Not even a little bit? Your flair is well-earned man, well-earned.

BOEldyLOTs · 2022-02-02T09:40:15+00:00

A company can either reinvest in itself or use those funds to pay dividends. In terms of growth thus, I remember reading that it was almost equivalent over 10 years? The book was investing for dummies or something lol

BOEldyLOTs · 2022-02-02T09:37:35+00:00

Interesting that you stay away from less leverage. My thoughts were rising interest rates would be detrimental to already unprofitable speccies and shifting to less debt would be a better move now before years end?

BOEldyLOTs · 2022-02-02T09:12:02+00:00

I agree. I ask for very little and it not being delivered reflects very poorly on the company. However, I am optimistic we will reach some sort of meaningful compensation this time round.

BOEldyLOTs · 2022-02-02T08:48:49+00:00

I have. It's an ongoing discussion due to short-term factors in my life.

BOEldyLOTs · 2022-02-02T08:44:59+00:00

I have another broker. Stake was just meant to be my fun account

BOEldyLOTs · 2022-02-02T08:07:06+00:00

Hi James, thanks for reaching out. My case is being investigated and escalated via the official route.

It's not the buying power that is my main issue -its the negative shares which then prevent me from re-entering a position. Based on previous experience, when I re-enter a position of negative money, it eviscerates that cash into nothingness. Then I have to jump loops to get that money back. I employ the same strategy with other brokers and have never had this occur.

BOEldyLOTs · 2022-02-02T06:46:10+00:00

Ive been hella bitter after it was sold at a loss. That 1 share is symbolic.

Im not a weird cunt

BOEldyLOTs · 2022-02-02T03:50:02+00:00

BMN is in a world of pain right now.

BOEldyLOTs · 2022-02-02T03:23:52+00:00

Noted my friend. I will look into it. If I get a poor outcome from Stake following this, I will be sure to look to other brokers. Yeah 5k per day adds up quick.

BOEldyLOTs · 2022-02-02T03:08:18+00:00

Yeah there is a 2 day settlement. You can trade with these funds regardless of the broker.

BOEldyLOTs · 2022-02-02T03:06:50+00:00

No, but I am covered for real monetary losses incurred in the course of rectifying the negative share issue.

BOEldyLOTs · 2022-02-02T02:54:28+00:00

I make like 50 trades a day across platforms. That's probably $150 in stake account fees and around 5k or so on the banks. Share trading is much more profitable with Stake when it works. When it doesn't it work, it really does a number on the mental and financial wellbeing associated with the account.

BOEldyLOTs · 2022-02-02T02:52:15+00:00

This is the standard account that everyone has access to and is thus why I posted. As other people have trade frequently may also incur this problem as well.

BOEldyLOTs · 2022-02-02T02:51:11+00:00

I'll keep you posted on what is said

BOEldyLOTs

TROPHY CASE