Forum Replies Created
Hi guys,
Thanks for comments, I really am looking for constuctive critisism so I don’t mind any well meaning negative as well as positive.
A few points from the conversation so far.
I created the website for a couple of different reasons. Firstly, trading full time can be incredibly boring at times. When one is sitting around waiting for the right setups there is little to do apart from bickering with other traders on internet forums….fun for a while, but ultimately pretty futile. It is something positive to do instead of twiddling my thumbs.
Secondly, I have many (non trader) friends who have absolutley no concept of what it is I actually do. They have this trader stereotype in their heads of a stressed out inveterate gambler with an ulcer and a stready stream of valium to keep him going insane. But they know me as a quiet, fairly introverted, relaxed guy with a permanent smile. They don’t understand…. so the website is a vehicle for them to understand what I do.
Thirdly…”it’s not like he’s trying to sign anyone up to one of his courses…. yet!” hahaha, Richo. Yes further down the track if I get enough material together I will put it together in an e-book. The price will be very modest as I don’t need to make money from selling books or courses. But thats a long way off and anybody is welcome to the material as it’s being built for free.
Re Crashies comments:
“its not really anything that hasnt been said a hundred times before.”….thats true. But 95% people I meet have never heard it before. My wife is a sports coach. What she says has all been said a hundred times before. So why do people go to her? Because they like the WAY she says it. For them it makes sense when she says it. Hopefully people will like the way I say it and gain some benefit.“you have a 95% of failing at this. I suggest you dont even attempt trading for your own good”….. I have attempted in a limited way to explain why people lose. Honestly, psychological/disipline factors aside, it is so easy to make money from the share market with very simple systems. I can show people a medium term 100% mechanical system that does very nicely. I have talked to many mny people who have had a dabble in the share market(and lost), invariably it is because of casino mentality and the lack of a sound trading plan….AND NO MONEY MANAGEMENT
“instead of providing a “how-to” service”….Is not all information, including your course, about how to? Of course! What I hope to achieve is to help people survive and protect capital…and how to go about generating positve expectancy…. profits will look after themselves.
Re disipline: some very good comments from crashy there. Without self disipline, all people know may amount to nought. But disipline starts with a blueprint….a plan. No plan, no disipline.
Thanks again for the comments[
]Cheers
Wayne
Let the infidels leave, I say []kay henry
Opinions often change as circumstances change[
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Polar Bear,From what I remember, they had only been investing for about 9 months.
Yep, thats what I remember Del. Scarey eh?
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][][xx(]
I have found a house with an undeveloped lower level (currently a garage, laundry, bathroom) which could very easily be converted into a “unit”. The lower level is exactly the same size as the upper level, which is 3 bed.How easy would it be to buy the house, do the fitout, and sell off 2 “units” seperately?
cheers
Holey Dooley!
It must be the top of the market if crashy is gonna invest in property LOL
(Just poking fun. hehehe[
])Cheers
WayneThanks Richard[
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After nearly 80 hours I can still not receive emails but can send.[
][][]Bill’I am with iprimus too. My email is now working as of last night…..Yours still not working?
[!]Thats Shocking!!!!!!!!
Wayne
Great post Mini!!
The difficult part of what you say is that most people don’t WANT to believe that sort of stuff….thats why they get away with it.
Very few of my friends, and none of my family (with the exception of my wife) believe it, so it is not often discussed.
this is the part i like best about your post:
“take everything i read or hear or see on tellie with a grain of salt – and continue to read, ask questions, and THINK!”
Cheers[
]
Wayne
What’s with all the horror stories lately on TT?Last night they started with a story about a couple who were miserable about the .25% rate rise (they had a huge mortgage on their property and also an IP they were “talked into buying”) – they were moaning and groaning about how they were battlers & couldn’t afford the extra dollars. TT was saying people were going to have to start selling their homes, as the rates were about to skyrocket etc etc…
Their next story was of a horror tenant who had refused to pay rent for 3 mnths (always makes for good viewing as they chase the tenant around trying to get a comment) [
]They have been predicting doom and gloom in the market for a while now… are they trying to help create it or something? Talk about making impressionable people nervous!
Maybe Stokesy wants to pick up some cheap property in the near future[}
][]“buy the cheapest car your ego could live with”.
‘Tell people it is a “positioning statement”‘.
I actually did this. I took an antisnobbery stand and bougfht a ’64 volkswagen beetle.
Guess what! You fall in love with these old gems. I do all the mechanics myself (learning as I go along[?]) Kids wave at you as you go by….chicks think they’re cute…(too late, already got married[
])…people talk to you at service stations….and there is an army of enthusiasts to help if you get stuck on one or another problem.Being an ex-upholsterer I restored the interior and its got the best sound system that you can stuff into it.
You can also make them go faster than an HSV Commodore [}
][}][}][}][}].. still thinking about that[}]Older cars CAN be fabulous fun and I agree with all the points made above. In fact I often get offers of more than I paid and have spent on it. It’s almost like an investment[8D]
Wayne
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