Stock Trading

here is what each club had 2 say on day one if any1 is interested
Adelaide
"A few clubs asked after (Brent) Reilly – obviously because he missed the elimination final – to see where he sits, but we want to keep him and he’s very happy to stay.
"It’s the same with (Jon) Griffin and the same with (Graham) Johncock, so we’re very happy with those three blokes and want to keep them.
"We wanted to keep our picks and not many [clubs] wanted our players either or not ones that we wanted to let go of at any rate.
"We were busy last year because of the players going out and some players coming in, but it’s the quietest I’ve seen it since I’ve been doing it. It was very quiet [because] people just want to keep their draft picks so there’s nothing much happening." – recruiting manager Matt Rendell.

Brisbane Lions
"It was a pretty quiet day actually, probably the quietest day I’ve been to. We spoke to every club, not much happened and we’ll just see where it falls from there. We didn’t throw up any players at all.
"There was a bit of interest in a few [of our] players which we don’t want to really talk about so we’ll just see what happens. They’re contracted players, so they’re all required by the Lions.
"We’d like Buddy Franklin but I don’t think we’ll get him!" – head of football Graeme Allan.

Carlton
"We can’t do that deal." – chief executive Greg Swann on Sydney Swan Ryan O’Keefe.
"There’s no progression," he added on Fremantle ruckman Robert Warnock.

Collingwood
"There was nothing [that] happened today that would indicate that we’re in a position to trade Alan (Didak) or any player." – chief of football operations Geoff Walsh.
"Right now, who knows? It’s all speculation," he said earlier.

Essendon
"We’ll be open-minded about it this week – we’ve got a philosophy to add to our young talent, whether that be through the draft or through the trade period. We won’t rule anything out, but we would like to think that we would be able to add a certain age demographic.
"But you just never know what can evolve this week, and we’re not sure what Sydney is looking at, or whether Ryan (O’Keefe) actually is going to leave yet, until we sit down and talk to them about that.
"I think Sydney have certainly expressed interest in Andrew (Lovett), but until we sit down face-to-face with Sydney today [Monday] and work out where they’re at, I’m a little bit none-the-wiser with that.
"There’s no minimum or maximum. I guess Essendon’s had a perception that we’ve been hard to deal with over time, so we’ll really work out whether that’s the case this week, because we want a fair deal, whatever the case is, because he’s a year under contract." – senior coach Matthew Knights.

Fremantle
"It’s the start of trade week and we know it goes until the end of the week, so we’re just testing the waters with everyone at the moment.
"There’s been a few clubs that have expressed interest [in ruckman Robert Warnock], so it’s just a matter now of going through the process and seeing where we’re at with it. I mean Carlton has made it public about their [pick] 24 and we need to have a chat and we’ll go from there." – general manager of football operations Chris Bond.

Geelong
"He’s (Brent Prismall) interested in pursuing the opportunities, I think it’s more about opportunity than anything else. And I think some other clubs could probably pay him a bit better than what we can with our TPP (Total Player Payments).
"We’ll be really disappointed if we lose him but that’s what this week’s about I think. [We’re] pretty keen to keep him but he’s probably got all the cards at this stage. We’re still talking to him but we’ll see what happens." – football manager Neil Balme.

Hawthorn
"Look, with all our players, whether it be Tim (Boyle) or someone else, we’ll certainly listen to offers put forward.
"Certainly, from the clubs we’ve met with during the course of last week, they’ve raised certain players’ names, including our forwards, so we’ll take them all on board." – general manager of player personnel and strategy Chris Pelchen.

Melbourne
"There are a number of clubs interested in Chris Johnson and Mark Jamar and they were the two main ones (players asked about). The clubs have said they’ve got a strong interest in them and we took that on board and we just move on today.
"We’ve still got a strong interest in Robbie Warnock, if he can’t get an arrangement with Carlton. We’ve also staked an interest in Brent Prismall and he hasn’t made a decision one way or the other yet, so we’re waiting on some confirmation there.
"Brad (Green) hasn’t re-signed, so he’s an obvious one to be asked about and Hawthorn and Sydney asked about him and we see him as a very important leader around the club. We’re hopeful that he’ll re-sign." – general manager of football operations Chris Connolly.

North Melbourne
"There were lots of names mentioned. Hamish McIntosh’s name was mentioned today, so even with Hamish we’ll sit down and if th
darn its 2 big…
o well u dont miss out on much
very boring
didnt no it was on afl site
i got it off a random site so i thought no1 wouldve seen it
still havnt done a trade yet
i was sure id come home from skool today and see a trade done
trade week is so boring!

Its all very dull at the moment.

Interest in cousins, and where o’keefe and haLL may end up.

Just over a week ago I posted a question about what to do about someone sneakily feeding and rugging my horse without my consent.

Following everybodys advice I went to the police, and suddenly the phone calls to Trading Standards (animal welfare dept) escalated, resulting in me having to meet them at the field. They were threatening to take my horse as the complaints had got so bad. (my horse was apparently limping, sliding around in mud, looking depressed.) My field shelter was also broken the day before trading standards arrived the trading standards were due.

The morning they were due I went to the field to try and skip it out and fix up the shelter and try to sort out every single minor thing they could possibly find wrong. The gate was wide open and my horse was missing.

I was devastated. My legs literally buckled beneath me.

Anyway, to cut a long long story short. The police were called, and trading standards came out to see me (probably assuming I’d "lost" the horse on purpose) and a door to door enquiry began. I was told not to pin my hopes up too high as my mare was probably on her way to Ireland.

Anyway, my friend and her boyfriend and I decided to do a bit of investigating. The were 2 main suspects. An Irish horse dealer who had recently split up with his long term girlfriend and who had valued my horse at £3k, and a horse dealer who was a short distance from my field.

So my friends and I decided to investigate. After walking around for an hour or so we suddenly came across an old public footpath leading to the back of the horse dealer’s fields. So we went down there to see if we could see anything, and found that the pathway took us into a "secret" field which could not be seen from the road. It was not fenced. But had a steep bank running up the roadside.

"You could keep a horse on here!" I joked.

And then I saw her. My beautiful big girl.

After a big cuddle, I threw her headcollar on (I had taken it with me just in case!) and took her out.

Now that should be the end of the story. But its not.

Besides the fact that nobody can be prosecuted for taking her because, as far as the police are concerned, there’s no evidence of anyone taking her – she wasn’t even tied up. But also the fact that I’ve got Trading Standards on my case who simply won’t believe that I have been taking good care of my horse as they were "inundated" with calls.

Now, I had a b0llocking off Trading Standards for not answering their calls to my mobile. This puzzled me as I had given them my home phone number on their first visit. I later found out that someone had given them my OLD mobile number.

Now, the horse dealer (that I believe took my horse) had my old number – but hadn’t realised that I had got a new phone. So I now know that all the calls have come from her, her family and her aquaintances – so of course Trading Standards were inundated. I fell out with the dealer earlier this year and I still owe her £70. AND I’ve noticed that suddenly all of HER horses are rugged despite her not keeping any of them rugged for years,

So I know who it is but I can’t prosecute them. The granddaughter of the woman goes to school with my eldest son and he says she’s been smirking at him.

Anyway, i’m getting my horse freezemarked and microchipped and I’m moving her to somewhere they don’t know. I’m also going to clip and rug her so nobody can ever say anything about her not being rugged again.

I just feel so angry and hurt by Trading Standards treatment. They spoke to me as if I was something they’d scraped off their shoe. And yet the person reporting me had over 40 horses taken away from her last year for neglect after they found emaciated and dead horses in the field. My horse was nowhere near emaciated. She’s on the chunky side if anything.

They told me I shouldn’t keep a horse if I couldn’t afford her (I can. I have to budget here and there but she has never gone without feed or medical treatment when its been necessary), and that my file was being sent to the Trading Standards in my own county (the field is just over the county border) and that they wre going to keep an eye on me and that I can’t run from them. In fact, this one woman seemed to take great delight on talking down to me.

Has anyone else got a similar story?

Nah, don’t clip her. I’m sure she’s fine out with no rug, as long as she has shelter.

What a story. I guess the police aren’t interested, but it really makes you wonder what those people were up to!

As far as the Trading Standards people, don’t let them upset you. They should have done a better job with you, but they didn’t and you can’t go back. You’ve moved the horse (smart!!!), now go ahead and put up no trespassing signs and make sure she is checked on frequently.

I’m new to trading stocks, I have been "mock trading" online at this website where everything is real…except the money of course =). I have been meeting all of my goals so far. I’m too afriad to trade multiple times a day, it’s too risky for me…with the whole 15 minute delay after you put an order out to buy or sell…alot can happen in 15 mintutes. So what I’ve done is, I took $10,000 (pretend money) divided it into 4 stocks so $2500…and I usually might buy all 4 Monday…and my goal is to get rid of them (sell them) by friday..so that gives me 5 days…and all I want is a 3% profit. I’m not going to risk it at 5,6,7,8 percent. So I have been meeting all of my goals and I am making atleast a $300 profit a week. Does anyone else use a method similar to this? They always say new people lose all their money, but you don’t lose anything until you give it away (sell it) or the company goes bankrupt. If I didn’t meet my one week goal I could and would wait for that 1/4 of my money…even if it took 3,6,12 months to go back up. Any comments/adive/imput? Thanks =) I also plan to keep dividing my money the more my profit grows so I have eggs in all kind of baskets =)

<<<what do you think of my strategy>>>

To be candid, I think it is almost sure to lose money in the long run.

Most traders will tell you "Cut you losers short and let your winners run." You are doing the opposite. You are cutting your winners short and letting your losers run.

One thing you did not share with us was how you would chose the stocks you would buy. With a good selection method you have a good chance of making money for a while, but the big losers will hit you sometime. It is inevitable.

I also strongly disagree with the notion that "you don’t lose anything until you give it away (sell it) or the company goes bankrupt." When a stock trade takes place, money is exchanges for stock worth that amount of money. No money it made or lost when the trade takes place. You make or lose money when the price of the stock changes while you own it.

I firmly believe the price you paid for a stock should have nothing to do with your decision if it is time to sell it or not. Instead, you should look at the stock and, pretending you do not already own the stock, see if you would want to buy it today. If the answer is "no" it is time to sell the stock.

In Major League Baseball have two teams ever had a trade during the course of a three or four game set? Has a player ever started for one team, and then started for the opposing team the next day?

30-May-1922 — the Cardinals play a doubleheader against the Cubs in Chicago.

In Game 1, St. Louis CF Cliff Heathcote goes 0-3, while Chicago RF Max Flack goes 0-4, driving in one run with a groundout.

Heathcote and Flack are traded straight up between games.

In Game 2, St. Louis RF Flack goes 1-4, and Chicago RF Heathcote, 2-4.

Game 1: http://www.retrosheet.org/boxesetc/1922/B05301CHN1922.htm
Game 2: http://www.retrosheet.org/boxesetc/1922/B05302CHN1922.htm

—–
Regards a more recent trade, I have vague recollections of the Giants and Brewers being involved… hmm….

—–
Ah, think I found it. Ray Durham was the regular 2B for the 2008 Giants, had played in 87 of 95 games through 13-July. Then the All-Star break started, and the Giants had the Thursday off as well, 7/14-17. Their first series after the break was at home against the Brewers, 7/18-20. Durham did not play, and was officially traded to Milwaukee on the 20th. The Brewers were in St. Louis on the 21st, and Durham pinch-hit, starting at 2B the next day. The Giants deliberately held him out of the Milwaukee series, and he left town with his new team.

http://www.baseball-reference.com/players/gl.cgi?n1=durhara01&t=b&year=2008

That’s the one I was thinking of, anyway.

A year ago I commenced a $2500 correspondence course and am paying it off fortnightly. I still have $800 left to pay. I reng up and said I wanted to drop out and get a refund because I never submitted anything. I was told that the cooling off period was 20 days and since I didn’t ask for a refund then I have to pay the lot.

Is this correct trade practice in Australia? Even a partial refund would be fine.

complete the course then! You paid for it.

I am an undergrad student with a 3.7 GPA in an finance program ranked in the top 10 nationally. I will graduate early (this December) and am also studying to take the CFA level 1 in June.

I only tell you this so you know a little about my background and understand I am prepared to LEARN how to trade. I am not looking for a get rich quick scheme, but rather, want to study the art of trading until I can consistently make positive returns on FOREX during my spare time. Of course, who knows, if it goes well maybe it will become my career. More than anything though, it seems really interesting and I would like to learn more.

So, what books etc do I need to read to understand how to trade on FOREX? I understand it will take some work, but can anyone lay out a plan to follow in order to become a successful trader? For example, read x,y,x, while trading on a demo account, then open a real account and do x,y,z etc.

Please don’t recommend trading programs like FOREX tracer etc! There is no way I am going to let a program control what happens to my money and, to my understanding, most all of these programs are scams. I have to go with the old adage, if it sounds too good to be true, it probably is.

Also, for any traders out there…

What’s your holding period return for a typical month and how many hours/day do you trade to generate that return?

If I have limited capital to trade with, will this significantly impact my ability to utilize effective trading strategies?

You seem to be coming into this with the right mindset and congrats for that since 95% want a get rich quick scheme. I too had a high GPA from Ivy Leadue in Econ/Finance but sadly that degree doesnt translate into trading success immediately.

Def dont buy any programs or such online since you have no control over them. Even if they work for a period of time you have no real idea about how to control your risk and how they are supposed to react to market conditions. 99% dont work and ALL need some understanding of risk management.

For advice on trading you should learn what indicators are, such as movign averages, oscillators (like RSI) and such. You should learn common patterns that traders use and what they mean. Watch many charts, pay attention to how prices move during news anouncements and so forth. By this time you should have ideas to test in demo to see if you can make money.

Try to be CONSISTENT in demo mode and try to make like an average of 100 bucks a day or some goal. Once you can consistently hit your targets and are comfortable with your system go live and try to see if it really works. These steps might need to be repeated several times until you get a profitable system you are comfortable with.

Get a good low cost broker. I use Interactive Brokers. Oanda is good too, but i like IB best. Good brokers keep their spreads tight and are highly reliable. This may make the difference between profitability and losses.

Good luck

I went to a seminar last week and I am a little wary about this. The guy spent the entire time building up value to take a three day course for $199 and to purchase software that is $39.99 per month. He also said that there are more courses to take. Do people actually make money from stocks with this program? I believe that they had some plants in the audience to get people to sign up. Is this the real deal or are they just trying to make money from people taking classes. I give the guy credit, he at least admitted that they make their money off of the other courses after you take the three day course.

My answer is- maybe. I attended the 3 day workshop. If anything this part of the program is misleading- basically a 3 day infomercial for their continuing education classes ranging in package prices from 9k-40k. No possible payment plans-by the way- cash, check, or credit up front. Their marketing strategy in my eyes seemed a bit underhanded. The instructor and his crew started getting nervous when not many people were signing up for the classes (printed rip-off reports were being secretly passed around). They somewhat forcefully started sending people to the back of the room to talk to the sign up crew. If the classes they offer are worth the $, I can’t say- that’s quite a financial leap of faith for something that just seemed fishy to me. If you know you’re not going to shell out thousands of dollars to a questionable program like TMTT, don’t bother with the 3 day "course". You can save a lot of time and money by just buying a book about trading and you’ll learn a lot more too!

guys.. many of u aware that Mr.B.V.Raman of unique win win model claim that their formula workout in all kind of market and give money back guarantee its a new thing but before join his 3 days course we come to know about the reliablity of that. If its true no secound thought to pay the huge fee of one lakh. Because we can easliy get back from the trade. The only thing we have to search is how they give this much confident and is any of you aware is anybody attended his course? if yes pls share with me your thoughts… hope i get a valuable answer
Thanks for ur effort to my question

GO TO SITES LIKE MONEYCONTROL.COM AND ICICIDIRECT.COM

Well, summer`s here and it`s only going to get hotter! I may not be able to change the weather, so I`m doing the next best thing!
I`m trading away all of my Ice Type Pokemon for your Normal and non-legendary type Pokemon! I`ve got Ice Pokemon of different types, gender, and they all have the Modest natures! Do I have Shiny Pokemon? Of course I do! However, it`s on a first come, first serve basis depending on the species. They have Max IV`s, infected with the Pokerus Virus and they are ready to go! So if you are interested, here`s my friend code:
Raiden / 5455 8686 8417
Contact me in advance so I can get the Pokemon ready to trade.
Note: These Pokemon may or may not be playable on Pokémon Battle Revolution. Limit to 6 Pokémon, 1 per species, per trade, per day. Leave your friend code here for further details. Any trades of legendary Pokemon from you is not desired or required for trade.

COUGH, COUGH, NERD

ROFLMAOWTIME

Just wondering whether one would post the net price of the items sold or the subtotal of net price amount minus the trade discount?

This is for AAT Foundation Unit 1 course.

Many thanks

No, trade discount ie discount given by say a wholsaler to say a merchant isn’t recorded in any of the books of the supplier or the customer. It is only included on invoices from the supplier so that the customer can see what discount they are receiving as compared to buying the goods normally but it isn’t used for entries.

If it were cash discount ie that given to a customer by a supplier for prompt payment of it’s debt(s), the supplier would record the pre-discount amount (excluding any vat) as a credit in the sales book, credit the vat amount (if any) to the vat account and debit the total amount of the debt ie what they currently owe before any discount is given, as shown on the invoice, to the customers account. The VAT amount though would be calculated on the amount as if the discount had been applied. ie you would assume that the customer will pay in time and receive the discount.

When the customer pays, if they pay in time to recieve the discount you would credit the amount they actually pay to their account, credit the amount of the discount they receive to their account (effectively clearing this debt) and debit the cashbook (either cash if they pay cash or bank if by cheque) with what they pay and debit the discount allowed column in the cashbook. This clears the debt and the VAT is already recorded in the vat account so you don’t need to alter it.
Discounts allowed account is transfered to profit and loss at the year end/period end as an expense since it is an expense to the supplier for ensuring prompt payment. Discounts received are recorded in p&L as negative income ie in brackets as it is a negative expense. But that’s cash discounts lol. Hope this helps.