Metro Bank Share Discussion Threads

[idontflykathyy] 16/4/2020 12:39

Yeah SR - looks like lot of tension between bear and bull before data.

Intriguing day so far!

That's why I hate to use IG - it's addictive and you can glue to the screen!

[sentimentrules] 16/4/2020 12:37

this is going 24000+ today kathyy

just a case of which volume they use..high or wait low

but this is 24000+ writing a note to market right now

[sentimentrules] 16/4/2020 12:35

23573

23479

im adding a bit long side

dropping into data - feds going to bury bears on it that dont cover

[sentimentrules] 16/4/2020 12:28

So sometimes i looK contrarian when im actually not. Im just not seeing both agree yet. And money (the driver), always outweighs the outlook until both marry up

[sentimentrules] 16/4/2020 12:27

the perfect combo is fundamental charts for outlook. And Technical charts for timing

[sentimentrules] 16/4/2020 12:25

DOesnt mean their view or outlook is wrong. Its just not tradable. Timing and money wise

[sentimentrules] 16/4/2020 12:24

Technicals are misunderstood kathyy

its not about seeing price turn at an average or whatever

Charts are pure fundamental if used right. But with an edge. Money moves markets. When a market seems irrational v general fundamentals, it isnt really. Its the money , the driver, not agreeing at least yet. Fed money or market, its all money.

chart should tell you more than news. You should be able to look at it and write an article, better than bloomberg. THEIR ARTICLES ARE CHART DRIVEN MORE OFTEN THAN NOT In fact im pretty sure bloomberg and co back up many articles with charts - sometimes they are not seeing the money though. Too fundamental.

[idontflykathyy] 16/4/2020 11:53

Hahaha.. Today SR might have finest whisky in the town haha

nice :)

[sentimentrules] 16/4/2020 11:49

Of course. What decision is never questionable? That's what management is for

Every decision is questionable

[idontflykathyy] 16/4/2020 11:48

Well said SR... You're encyclopedia!

I've to also admit something i also questions your decision though..

[sentimentrules] 16/4/2020 11:42

Step 1. Full analysis and management prices ascertained

Step 2. Red box the risk zone. (Between stop or cover order).

Step 3. While in the risk zone, it's the only area of focus until red box nulled

Then the other steps later

That's simplifying management a lot alright but u get the gist

Time for more sparta build

Stay real dudes

See u on da dark side of da moon (near data )

[sentimentrules] 16/4/2020 11:36

SR is the risk master.

Don't even talk about profit until risk is 0%

[sentimentrules] 16/4/2020 11:32

Two ways to enter a market.

Instead of a risk stop on entry, use a cover order where stop would be. But tend to only do that if there are areas near , where the market may decide to go in instead of where I did. Otherwise just a stop

[sentimentrules] 16/4/2020 11:16

Most won't agree with me about averging down

But then again, at least 75% here have only ever known a bull market.

They will learn soon

[idontflykathyy] 16/4/2020 11:13

Averaging down means initial analysis wrong right?

-- Agree

About ETF - it daily reset so i don't mind to lose or gain as far as i keep it open and down the line market correct, I'm in profit!

[sentimentrules] 16/4/2020 11:07

And breakeven on at 23730..on current entry. Not sure how that move is reflected in etf x3. But needs breaking even by then

[idontflykathyy] 16/4/2020 11:06

Convinced SR..

[sentimentrules] 16/4/2020 11:05

Well that's it. Make market pay the risk on the short .

Very simply today. .. if this rises pre data instead of the little ambling drop into data ... close long . 24000 before data would be pretty bearish

Current market?;needs that cover ..

[idontflykathyy] 16/4/2020 11:00

Okay IDF,

I like SR argument here so i think i will follow him today to see how it works out.

Long in IG now - very short positions though.

Cmon SR - Don't let me down today haha.

My shorts ETF still open - this is short term punt today.

Even though instinct says job numbers could be very ugly

[sentimentrules] 16/4/2020 10:57

I've often worked way back to profit from a loss. Not by averaging down though. Too risky

Question is , was it worth the capital tie up, to do that.

Probably not. I look back at a few and time consumed doing it, and for sure..taking a loss would have been far more profitable re churned much better elsewhere in that time

I'd be out for a loss here if didn't expect a great depression ultimately. It's the only reason I'm trying to work the short here with covers. The work should pay..instead of loss and churn elsewhere.

And it takes a minimum , deep recession expectation, to make me do that work

Loool

[sentimentrules] 16/4/2020 10:52

So two choices when carrying a loss.

Take the loss..or work your way out of it and back to profit smartly

That means embracing the market side you underestimated. And using it

[sentimentrules] 16/4/2020 10:50

Same with gold..luckily I didn't listen there since below 1600 . "Crash in gold coming "...

Made a stack long

[sentimentrules] 16/4/2020 10:47

Kathyy. . It's technicals that kept a few right side of this market

In fact at 21917, it was a very basic failure not to be long. It was fundamentals misleading