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Community


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Online Share Trading

Engage and learn about markets and trading online

Hopefully some advice to the newbees and maybe some of the oldbees out there

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stores
Super Contributor
I bought my first shares in 1974 and have obviously been in the market for some time....(More actively in the last five or so years)..Only this week I have actually realised that you must NEVER TRY INVESTING OR TRADING AGAINST THE TREND. Never try catching bottoms. (Rather just tickle them, or pinch them or just look at them).
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eugened100
Frequent Visitor
Please xplain in more detail against the trend?bottom?
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stores
Super Contributor
If a share price is trending downwards do not be tempted to buy it because you think that it cannot fall further. (Its called trying to catch falling knives). It is now my firm rule that I will only consider buying after an uptrend is confirmed. I will also only sell once a down trend is confirmed.
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the other one is - if not sure stay out.
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hi, how do you get confirmation about the trends. I need help here..
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I think your first priority will be to attend maybe a tech analysis course that i think Standardbank presents and then worry about the rest.( My opinion)
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