ASX - Moon Landing Edition

Whats your stop loss set at?

7.3. But it's subject to change and depends heavily on the days trading.
Another thing as-well is it's best to keep your stop a secret. I find otherwise the Boogeyjew loves to hit it on purpose.

If a stop is ever hit, I take the time to evaluate if I want a reentry or not.

Is this right?
Why Does it have two sections for trigger and order details? Do I just put the same numbers in both ?
If i put say 0.07 in the order section wont it post that to market?

>$15 to set up a stop loss order, on top of a $20-25 brokerage fee

Commsec sound like they are as Hebrew as it gets

The second limit is so that it will continue to sell down to that price(if you have a large postion and want to get rid of everything) if there aren't enough bids at the current stoploss price.

E.g. Stop triggers at 7.3 but the amount of stock you have is more than what is in the buy queue at 7.3 so it will keep selling until everything is sold unless the price drops below the second limit.

Of-course goyim. I myself rarely use actual stops with commsec because I am always watching so I can eyeball it. Of-course commsec will rort you out the ass if they can because they know people don't like to risk things.

fuckin sheepshaggers

How does transferring shares work? Are there any tax implications if my Dad transferred shares under his name to me?

i dont think you're required to pay tax until you liquidate them. theres probably some brokerage fee for transferring them though

What will happen to the market tomorrow after we lose our triple a rating? Short bank stocks?

i was so tempted to sell IAM when it hit 9.3c but I got greedy/confident from all the shilling in this thread and i ended up closing at 7.8 since I thought it'd dump

knowing my luck it will skyrocket into the teens on monday

I'm holding FBR, HMO and NTI. I'm holding them all till at least next february.

>HMO
I am sorry bro

What's considered "alot" to have in the stockmarket? 50k, 100k?

I have 80k and still consider it miniscule. 200k would be good, +500k would be a lot.

>*Sounds of rubbing can be heard in the distance...
"Did ze goyim sell yet?"

Whys that?
I don't have anything in them, but shouldn't their partnership with ford be worth something?

>but shouldn't their partnership with ford be worth something?

no, they earn nothing through their partnership with ford, they just payed ford for advertising their app by installing it in their cars with a myriad of other apps.

they need users and currently this app is too flawed to be considered useful, I tested it out and I advise you to do the same before investing in it.

Fucking IAM down again reeeee
Do I sell or wait till the MOU?????

Cut and ran with my profits from IAM on friday. Don't get me wrong, its a good stock long term and I'll be buying back in when it bottoms.
Jesus HC is being cancerous about it though. Any opinions opposing IAM are being shut down as "DOWNRAMPERS GET OUT REEEEEE"

Know the feel brah, I wish I saw the sell signal when it rocketed to 9c

CCE :-) Shilled it 2 weeks ago ;-)

Good announcement. LLC agreement pretty sweet. Well played

Laughinggirls.jpg

It will cost ya dad about $55 to transfer to you. There will be tax implciations for him because he can indicate the price that he wants to transfer at which is esentially a selling price. So if a bought at $1 he can transfer them at a dollar and there has not made any gains, or he could tranfer at 50c and cope the loss but then u have more gains

Fucking IAMEME

i should have bought at the end of nov like u cunts said and sold out. I might throw a $500 in on this down. Is it still going to the moon boys?

Why won't IAM stop going down REEEEE

I'm in on IAM @ 4.1 and I'm not a fan of watching chunks of my gains eat shit, but fuck it's almost worth it just to watch the HC shitters lose their minds.
I'd be willing to watch it drop to sub 7.0 again just to see the fallout in the IAM threads.

Haha. The mood and amount of updates has definitely been entertaining on HC this past week

Is hotcopper any good at all? I been looking at the threads without an account and it just looks like a clusterfuck and shit UI

Its much better with an account. You can setup watch lists which have hyperlinks to the main stock page so it's pretty quick and easy to navigate.
Everything posted there is shit. Either extreme hype or fud and the posters are 10/10 delusional.

It's good for the watchlists and the list on the main page for current top 10 gainers and bottom 10 losers.
The contents is mainly garbage. I wouldn't trust what anyone says on there, despite there being some intelligent and good posters.

It's a good place to go and see what the mainstream retail traders are doing, then you do the opposite!

It is better with an account. I have an account but have never posted. I find it entertaining more than anything.

Same with any stock/share community, DYOR

Will IAM go back up with the MOU?

The price surge we've seen the past 2 weeks was from the expectation of MOU2. This announcement basically says that's not coming before the new year. Expect a sizeable dump as people profit take and look to get back in later.

Just had a look at the market depth and it looks like a race to the bottom is on before close.

Dive! Dive! Dive!

Good announcement IMO but people still rushing for the door. Too much shilling about the MOU2 drove the price

Yes it was unfortunate. Even though they did say it could be Feb too but people just get way too emotional.
A little patience would do some people good.

23% in the red. Damn that escalated quickly.

Wonder what the rest of week will bring

IAM Shills BTFO

Holy shit that nosedive

Told ya so you faggot. At least paying capital gains tax means you've actually had some gains.
IAM is going to go the path of XPE, IOT and others.
Don't really understand why you thought IAM wouldn't follow pic related, like all hyped up stocks.

NEETS BTFO

some of you guys are alright

don't buy shares on the asx for a couple of months

What have you done? Woolworths is about to get raped by Amazon.

>IAM down 23%

H-hold until 10 cents goyim! hahahahahah

>This announcement basically says that's not coming before the new yea
Yeah I sold as soon as i saw that. Made about $4000 profit, so still reasonably happy

I honestly feel like it could drop back down to 4.5c, if its close to that mid january, ill buy back in

Today's Summary -

IAM shills kill themselves en mass because of 23% drop.

PLG announced their half yearly dividend as expected.

Stay woke NEETs

What stock is the new IAM?

Doing my research now. If I find something worth shilling, I'll let you neets know.

i am such a scrub at this. I have money what do i buy?

IAM

But one month ago

HSO if you want a decent chance at making money. IAM if you enjoy memes

Why HSO?

Why HSO over RHC?

Also for everyone ITT, what price would it take for you to re-enter IAM? I'm sure the price will recover eventually, I wouldn't touch it until the end of this week though

if it's under 5 and looking to settle a bit, I'll jump back on next month

I recommend ADA (established flight simulator software company with no debt, steady income from software maintenance as well as a large base in the US -which is doubling it's number of air traffic controllers over the next 5 years)

I bought SRX at 16.9 after a big drop, sold at 16.1 or.3 unfortunately after the CEO got into the shit. Shares kept dropping to 14.5 now so avoid at all costs as there is ongoing drama as well as poor market for their (only) cancer treatment product

>Why HSO over RHC?
It was dumped recently by large funds getting in on resources so it is relatively cheap. RHC was not and is still expensive. I expect over the next 6 months or so HSO will return to similar multiples as RHC.

Why was it dumped?

>PLG announced their half yearly dividend as expected.

how much, when is ex div?

3.6% yield at date, exdiv until Thursday December 29, 2016

Yeah, they've been reaffirming their prospectus forecast the whole way.

How big of a loss does it have to be before you consider just holding and riding the wave?

I.E. 40%? 50%?

If you went over 50% loss, you have no business investing in the stockmarket. I am honest here.

But stocks bounce up and down all the time? Atleast the cheap ones. But thanks for the opinion. Wasn't the question

Stocks (unless they're like 0.002) don't bounce by 40-50%

I'm aware of that. Hence why I said the cheap ones. I said 40% - 50% as examples of the format I was asking for an answer to be in. Not as what my answer to the question was.

I also know it's never as simple as a flat % for some people.
Q: At what point do you just give up trading and hold the asset to see if something happens?

Answer can be:

"Never I'll always cut my losses"
"20% etc"
"Depends on the stock"

For me it depends on the stock, my investment goals are LT, but sometimes I'll put small capital in a share that interest me and just see what happens over a period of time.

/this

as proven by their SP

IAM is now my poster boy for a perfect pump and dump

NUH is about to take off. Buckle up.

Why do you say this?

>IAM is now my poster boy for a perfect pump and dump

not as good as MGMT, however it was also obvious as fuck, since the beginning.

>MOU
>40 Mil$ on indian backoffice

KEK, you really had to be a fucking idiot to invest in that. (Under invest I mean a couple of k's, not your piss neet money)

>Not realising it was a p+d and taking advantage of it

Everyones problem is that they're too greedy. And naive

>don't sell until it reaches 10c
well the idiots 3-5 days ago knew shit about that and were shilling it hard to the point of shitposting.

also picrelated, btfo'd

just to make it clear, all this forecast crap about IAM getting 40mil on the Sentry deal is bullshit according to Patrick Canion.

Another day, another dollar

saw this post on hotcopper

"what is going on with IAM? I bought shares at 8.8c, and now it's dropping to 6c, omg
is there any bad news ?"

Wow.

jimbo the goatfucker, got arrested for posting himself fucking the sheep on youtube.

Just goes to show the calibre of people on Hot Copper - worse than thr NEETs here lmao

I wish people would use stop-losses.
It doesn't matter what you think the stock will do, You can always reenter for another trade if you like once the dust settles.
Triggered yesterday and although I doubt there would have been that much of a sell off if that ann didn't come out to spook the normies, still well worth it in any-case.
When you are a small fry, your nimbleness is your advantage.

New asx bread

No.

>New thread 90 posts in
Fucking why?
And learn to link the old one, jesus christ.

> -10%
IAM fucked

this is the sweetest pump'n'dump since MGT. post losses you fagits I wanna laugh!

Good time to be getting in?

If it get's to 4c I'll buy. So entertaining to watch HC

>Good time to be getting in?
hehehe,

you would stick a dick in a corpse just to feel the pussy. you are one sick user bro.

pussy is pussy

Made $5000 :)

The normie boomers on Hotcopper are still defending the complete trainwreck that it is

>OVERSOLD
>TECHNICAL ANALYSIS
>REBOUNCE
>RETRACE

Got on HSO first thing this morning like that user said. Now it's fucking down REEEEEE