Author Topic: Live chat  (Read 2973852 times)

Moneypenny

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Re: Live chat
« Reply #6705 on: January 31, 2018, 02:41:11 pm »
Its true gcr, traders trade on market trend and psychology whereas investors invest on value.  Traders go for high risk, high reward in the shortest period of time whereas investors prefer relatively lower risk in quality stocks over a long period of time.  Both have merit and both requires research, savvy and skill imo.  That’s why I find “The Challenge” invaluable. It’s trading/investing with training-wheels-on in a safe but real-life environment where you can test your own strategies, even if it means hanging out in the same pond with others who trade and/or invest. Oh, and did I mention it is free. Market makers give you two free weeks with virtual money and then you have to go live with real money and real risk.  To split it would be a nightmare I think, investing for 3-5 yrs is medium term investing, and if you really want to trade you’ll have to bring in geared options as well, talk about horrifying nightmare. Think it’s just a question of practically to be honest and I also think it serves its original purpose, (training/learning) with other like-minded individuals, with flying colors.  But you are right, trading will always win the battle in short term money making.  Come on gcr, come over to the dark side and trade with us, even if its only here on “The Challenge”.   Never too young to learn, never too old to change.  ;)

floydthebarber71

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Re: Live chat
« Reply #6706 on: January 31, 2018, 03:05:46 pm »
Orca - you must be feeling a bit happier these days as Adapt IT are starting to show an improved share price and their results weren't too shabby either :TU:

That turnaround has been quite something in such a short time, I was so tempted to sell, glad I didn't. But what bothers me is I have little idea why it went so low in the first place...

Patrick

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« Reply #6707 on: January 31, 2018, 03:14:45 pm »
@GCR, trading profits are taxed at 30% as an incentive to the investors.

Patrick

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« Reply #6708 on: January 31, 2018, 03:34:07 pm »
Edit: Now showing tax in the holdings page.

gcr

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Re: Live chat
« Reply #6709 on: January 31, 2018, 04:02:18 pm »
Edit: Now showing tax in the holdings page.
Then the next question is if a forum person sells the bought share within the competition period is the Rand value of their holdings reduced at time of sale. I,e, they are assessed for MST, brokerage and other taxes + CGT on sale?
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

gcr

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Re: Live chat
« Reply #6710 on: January 31, 2018, 04:12:49 pm »
Its true gcr, traders trade on market trend and psychology whereas investors invest on value.  Traders go for high risk, high reward in the shortest period of time whereas investors prefer relatively lower risk in quality stocks over a long period of time.  Both have merit and both requires research, savvy and skill imo.  That’s why I find “The Challenge” invaluable. It’s trading/investing with training-wheels-on in a safe but real-life environment where you can test your own strategies, even if it means hanging out in the same pond with others who trade and/or invest. Oh, and did I mention it is free. Market makers give you two free weeks with virtual money and then you have to go live with real money and real risk.  To split it would be a nightmare I think, investing for 3-5 yrs is medium term investing, and if you really want to trade you’ll have to bring in geared options as well, talk about horrifying nightmare. Think it’s just a question of practically to be honest and I also think it serves its original purpose, (training/learning) with other like-minded individuals, with flying colors.  But you are right, trading will always win the battle in short term money making.  Come on gcr, come over to the dark side and trade with us, even if its only here on “The Challenge”.   Never too young to learn, never too old to change.  ;)
Miss Moneypenny - I don't trade (though I tried it years ago) went to all the lectures and seminars and decided that if I wanted to blow money then I would play the horses and or slot machines. So this competition will only be used to test the water on shares I am interested in buying down the road and only has a slight resemblance to my real share portfolio - though both the counters I have in the competition I already hold in my own portfolio
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Orca

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Re: Live chat
« Reply #6711 on: January 31, 2018, 08:41:31 pm »
Yes, I am glad I held onto ADI. Made 52% over the past month. She merely went out of favour even though the fundamentals were great. The best performer over the past 2 weeks.
I started here with nothing and still have most of it left.

WealthSmith_1

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« Reply #6712 on: February 01, 2018, 11:34:09 am »
Is it possible to have an option to search the share code/name?

Hamster

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Re: Live chat
« Reply #6713 on: February 01, 2018, 11:52:30 am »
Is it possible to have an option to search the share code/name?

CTRL+F on the buy page?

Hamster

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« Reply #6714 on: February 01, 2018, 12:22:27 pm »
RES keeps on tanking. Even after Capitec was fingered by Viceroy and it's pretty clear it's not RES :/

PlatinumWealth.co.za

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« Reply #6715 on: February 01, 2018, 02:46:27 pm »
where there is smoke... They and Aspen, too funny for me when Viceroy alluded to other companies they were the ones to tank....
www.PlatinumWealth.co.za <- South African Investment and Finance forum.

jaDEB

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« Reply #6716 on: February 01, 2018, 03:25:23 pm »
Can some1 smite me please.
jaDEB

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Bread

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Re: Live chat
« Reply #6717 on: February 01, 2018, 03:41:27 pm »
 :D

Mr_Dividend

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« Reply #6718 on: February 01, 2018, 03:49:20 pm »
I don't have any problems with the comp - all fun. But I wonder if a rule that you could not invest more than 20/25% total worth in in one counter might help?

Nivek

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« Reply #6719 on: February 01, 2018, 04:11:01 pm »
I think bitcoin already smited you jaDEB