Fact Finder
Top 20
Just a word of warning about moving into the ASX200 for when it occurs.
Those institutions that have to buy the ASX200 also lend shares for shorting.
Thus larger more financially literate shorters become involved.
This then attracts larger more sophisticated traders who know what the shorters are going to do and follow their lead.
In the early days of the spice trade in England and Europe sailing ships would set sail to Asia for the purpose of trading to bring back these valuable commodities. The journey was long and very dangerous yet for those who embarked on the journey and survived the roaring forties rounding the cape and privateer attacks the riches which flowed on a successful return were extraordinary.
In many ways the investment journey on the ASX apart from the risk to life is similar, though an angry spouse might pose a physical threat, at every turn there are new bigger obstacles as you get closer to the golden ring.
The manipulators will be more articulate and subtle. Suggesting risks of different types and feigning friendship. The trades and shorts will come in bigger more sophisticated waves.
Just like those involved in the spice trade those who stay the course, ignore the distractions and complete the journey will be rewarded.
Abandoning ship guarantees failure.
My opinion only DYOR
FF
AKIDA BALLISTA
Those institutions that have to buy the ASX200 also lend shares for shorting.
Thus larger more financially literate shorters become involved.
This then attracts larger more sophisticated traders who know what the shorters are going to do and follow their lead.
In the early days of the spice trade in England and Europe sailing ships would set sail to Asia for the purpose of trading to bring back these valuable commodities. The journey was long and very dangerous yet for those who embarked on the journey and survived the roaring forties rounding the cape and privateer attacks the riches which flowed on a successful return were extraordinary.
In many ways the investment journey on the ASX apart from the risk to life is similar, though an angry spouse might pose a physical threat, at every turn there are new bigger obstacles as you get closer to the golden ring.
The manipulators will be more articulate and subtle. Suggesting risks of different types and feigning friendship. The trades and shorts will come in bigger more sophisticated waves.
Just like those involved in the spice trade those who stay the course, ignore the distractions and complete the journey will be rewarded.
Abandoning ship guarantees failure.
My opinion only DYOR
FF
AKIDA BALLISTA