Have you ever taken profit from a good winner to compensate the poor performance of a couple of losers only to watch the good winner turn into a huge winner? Then you realize how much the early profit taking cost you?
Currently pondering my use of Twitter. content deleted. I'm really positive about a few things I'm working on in my own trading tools and methodology so I'm filtering out all negativity. I always said when I see a witch hunt on people who share free content it's time to pull it
You wouldn't believe how many messages and comments I had in my chat group about
#W7L
last night.. Zero. Yes you read that right.
We've traded through dozens of placings.
Placings are part of the plan. We did the work.
All placings, upgrades, downgrades, news reactions and sell
I hope nobody who follows me holds this, It went down like a lead balloon when I posted the trend break on twitter at the beginning of the year. Trends huh
#AVON
Well that's never happened in all the years I've been trading. The exact portfolio all time high as the market closes for Christmas. Merry Christmas everyone and especially to Trading Bases members. Its been a busy but enjoyable year. 👍🎄🏂❄️
Some relentless stock pumping from the usual accounts this week. I have a simple rule. If I have to tell someone else how good my stock is then it really isn't that good is it. The best risers go up steady to the beat of their own drum. The pumped stock just get loose for 5mins
The Journey
Get Lucky In Great Market
Confuse Luck For Skill
Get Spanked By a Bear Leg
Add Risk Management
Discover Whipsaws
Waste Time Curve Fitting For Whipsaws
Accept Occasional Whipsaws
Work on Methodology
Execute Plan
Fight Psychological demons
Desensitize
Get Results
Fintwit hates this stuff but it might help a struggling investor.
1 trade this year. UK stocks trending well.
Subject profit warnings. My last profit warning was 2018. I hold through all earnings.
I get bashed by investors for being "the trader"
Growth & Trend + nothing! 🥕👍
I get a bit of stick off people who don't invest like me. My bio says trend follower so my process is going to cover a lot of risk management and exits and I try to avoid hindsight. Twitter has two options to not see my content that I use myself 🙃🙂✌
Cheers again
@wheeliedealer
@conkers3
for hooking this up. These guys do this with no catches, no kickbacks for those who wish to listen. Its a gift. If there are any follow up questions just ask and I will cover ✌️
TWIN PETES INVESTING Podcast no.59:
My trend models are close to pandemic max pain readings. If you want a look under the hood of how we navigated these markets I can maybe do a video and drop it in the TB public communitie page later.
A few things to consider
I probably take half the trades of the average investor.
I focus on end of day charts
I don't trade around positions
I use an adapted CANSLIM style approach tuned for UK stocks
I always use fundamentals but never value
Rules from +37 years Investing🌊🥕
Cash is a position.
Cash has been the best position.
Cash pays more than the dividends of most of the AIM stocks I hold 🤣🙃🤣
Cash will find its way back into trends when they emerge.
No need to be a hero. Steady as she goes. 🌊
Thanks again for having me on the podcast
@conkers3
This one is a fundo/technical mash up so hopefully something for everyone. Three very different styles.
🌊🌊🌊🌊🥕✌️
The GBP has been falling for 15 months now and financial media has just noticed it.
Oil had been rising since the pandemic lows and on the start of the war in Ukraine finacial media noticed it. Its been falling since.
Do you think you need to read about it or see it first?
🥕🥕
Really enjoyed doing this one, I do ramble on a bit. good questions to fire me up so cheers guys. It's a look into how I navigate so it's always from my point of view for what I'm trying to achieve. 🌊🌊🌊🥕✌️
Active inactivity, Run through the end of day screens every day. If there is nothing to do then do nothing. Come back tomorrow and repeat. Results will follow
Being positive when everyone else is losing their minds is crucial to effectively navigating the markets. Turning up everyday and watching the trends develop in a calm open minded way is key for me. I've never seen a negative person catch an early trend in the markets. 🥕
The three best UK growth names today are pretty easy to single out now.. but you want to be invested for the journeo. Waving the flag on results day is a little late.
Stocks look forward and news days are noise days. 🥕👌
Before you buy a stock jot down how you plan to sell.
If you can't answer that key part of the deal then maybe avoid the markets.
Unplanned buys usually end one of two ways.
You sell too early and leave a lot of money on the table or you sell too late and lose a lot of money 🥕
Going through my dads belongings I found an envelope titled special photos. Route is called portfolio (HVS 5b) that's me in my Hi-Tec Silver Shadows on my first attempt 😀 the 70s lol.
I'm very aware that everytime I share a tutorial its reworked and reposted by a people who have their own agenda. Cheers for the messages 👍 some of us have skin in the game. Others talk the game. Be careful who you follow ✌
When a stock trades new 52 week lows after a good run think of it as dipping a toe before making the plunge. Some bounce, a few may recover but nothing great trades 52W lows. Nothing.
This seems to be my experience of fintwit, You share something from your own methods. you try to explain when they jump on the thread and they come back with negativity then dm you to waste more of your time.
These four books are in my opinion the best books for investing in stocks and though you cant learn to trade from a book alone these will help shorten the learning curve
The reason short term trading should be avoided on small caps.
#EQLS
+6% on yesterdays update.
Available move on the day if traded with perfection +1%
With todays move its +6%.
Wide spreads, thin liquidity means larger fills move price but they trend well longer term. ✌️
A constant subject in my group has been the divergence between the US large caps and tech and the UK markets. US markets are digesting and bear flags flying across the board but the feedback from our UK portfolios tells us the convergence is in affect.
A deeper pullback in the
The best fundamental is price.
Is it rising / falling
Is it orderly (has interest)/ choppy
and lastly you only get paid by price. If you think fundamentals should lift your stock then price will confirm. Nothing else.
Hacks
I never invest in airlines or related🥕
Pharma stocks are choppy stocks 🥕🥕
Commodity related stocks are a pain in the ass 🥕🥕🥕
Gold can move without the gold stocks 🥕🥕🥕🥕
If you don't see pet rocks in the screens ignore them 👊
Timing the market is actually the easiest part of the puzzle.
1, Choose a meaningful timeframe for your positions.
2, Is it rising
3, Yes = Stay Long
4, No = Don't Stay Long.
Thank me later 😀🙃😀
Todays Radar
I do the same work (routine) every day.
I don't do less when the market is falling.
I don't do more when the market is rising.
I get to hold more in a rising market but the work load is the same. Managing open trades is very little work due to having a plan already🥕
During 2022 four out of five stocks were negative.
I dealt with 2022 the same way as the tech crash and the GFC. I was over 85% cash for most of the year.
This is what the risk model was tuned for many moons ago. 1 in 5 stocks positive. Crikey. Happy Christmas. To better times 🍻
It's been a nice sunny day but up here in Buxton the icy wind still seems to go right through me. The crescent looks fully restored now. It was in a right state for decades. Sausage roll from the trading post 😍
Ever get the feeling you're been cheated!
We see this kind of stuff every morning shared on here as a reason to buy that pet stock.
William O'Neil can help you read the real story. 👌
Reversals & Recovery Stocks: Price Action Reversals. This tutorial covers what I'm doing now post correction. Turning over stones looking for new emerging leading stocks.
Modules of Success.
Portfolio Risk Management
Stock Selection
Buy and Sell Criteria.
Position Sizing Engine.
Trade Management.
Critical parts of a methodology. Something I pride myself on sharing in detail in my group.
No stock tips needed with the right information✌
Said goodbye to an old friend in
#CVSG
yesterday. Held for over a year and added on the way up. An early
@stealthsurf
addition to the portfolio, thanks for the guidance Jase!
#Thetrendisyourfriend
Compounded, move on, looking for the next opportunity!
Important Traits
Routine
Sit out power
Sit in power
Optimism
Positivity
Sense of Humour
Open minded.
The market will throw everything at you and you just have to turn up and keep turning over the stones then one day the market is in a good mood again and you need to step up 🥕
UK Growth stocks continue to perform
Turn up everyday, turn over the stones
No excuses
Block out the bs peddlers dangling the magic entry, valuation ratios, perfect timing, level 2 codes, crystal ball indicators.
Stop blaming market makers and pumpers.
We decide when to do this.
Raw Charting at an interesting time.
I hold some of the charts I post.
I always have an exit. I sized for my exit (paper cut)
Always DYOR and have a plan.
#AT
. Ashtead Technology base retest.
I think the end of the world trade is running out of steam.
I might be a dry retching puke early..
Thankfully very few are still here to see this thought.
🌊🍌🌊🍌🤠
Its been a solid month in AIM growth stocks and the best month of the year personally. Hard to believe looking at the market.
+2.5% W
+4.8% M
New all time high's for the portfolio's closed balance.
Still under 50% invested.
As I said last month a great time to visit my site. 🌊
2021 was a big year for UK growth. Great results available if you owned a few leaders. If you did struggle last year you need to find the leaks. Averaging down, Buying into stocks breaking down like BOO AVON BOTB, Not having a plan to exit profits before, Plug those leaks ✌️🌊📈
Big High 5 to WD. Nail on the head. My view. Compare yourself to your own results. Small accounts boasting stupidly high returns isn't scalable. A big account with a 10% year is still more than a small account with a huge % year. How much you risk (Heat) to get the return counts
Trend models dropped in chat. Not seen these readings since 2008. The strongest are yet to puke though so be interesting going forward. Been high cash for most of the year and no need to be a hero.
I was over 85% cash for 12 months since the market rolled over first quarter 2022.
The last market hit out retrace area 13/10/22 and I started building into a few potencial trends this year.
40% invested and the trend portfolio is +6% but its early days. 🌊🥕
Hey I don't like cycling. I used to. 4 knee ops later and cars flying past at speed makes it a bit risky in my eyes but I don't jump on cycling threads telling people I don't know they're doing sport wrong.
#TrendFollowing
😂
You will have many small winners & small losers. You will have occasional big winners. The only trade you need to avoid the big loser. Shorting small caps is one of the worst trades to expose your account to. This is how you blow accounts.
Something worth stressing. It's easy to fall into the negative mindset of the markets are bad. They will be better in the future. It kind of hope now and hindsight when you see it in the rear view.
The markets day to day always feel the same. always some worry.
Exist Now.
I've traded the same setup for years now. A defined base. It lets me sit here full time. You wouldn't believe how many people have told me they stopped working and moved on in search of the grail. Master one approach then rinse & repeat
You cant just turn up to the markets thinking I've got this. A methodology is needed.
Choose a lane
Choose a vehicle
Choose an entry / an exit method
Shoe horn it into a risk model that insulates you from
A bear market,
A black swan,
Your own greed.
Tutorials Below 👇🖖
#AT
. Ashtead Technology. Re
I'm baffled how the fundamental feeds have missed this one. A real growth stock with real growth should be easy to spot and this one was a screaming buy the whole way up.
#Trends
#Growth
Many carrots 🥕
@reb40
@GoLeftMassa
Totally agree with Ben. These popular accounts are very quick to hijack my own risk management threads over the years dismissing and steering them for their own egos. We're still here doing our thing navigating the markets and where did the celebrity fintwit go?
Good morning. I'm out for the day so I can retweet this and light the blue touch paper then retreat 😂
Seriously I've seen some extremely painful lessons on twitter where the popular accounts suck new investors into these low P/E stocks, average down then blow up and disappear.
In an ongoing analysis by WON, the most successful stocks from 1952 to the present show that P/E ratios were not a relevant factor in price movement and have very little to do with whether a stock should be bought or sold.