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Feel you lads.
Stopped during covid but late 2022 got back into it and frankly have gone a little nuts, especially since I hit both the ML and WL scene. I reckon at least twice a week - need to actually tally the financial damage soon.
I was able to taper off slowly up til 2018… so plan to do the same this year once I get back from holidays.
Ideally once a week. Reality once every two/three weeks. Mainly recovering packet damage
Once a week for me normally. Doing twice a week currently while the partner is away.
Roughly every 2 - 3 weeks for me. Sometimes I stretch it out to 4 weeks but depends on what other things I am doing at the time...
Weekly. My partner thinks I gym 5 days a week Fter work. I swap one of my weekday work gym sessions for a massage.
Seems to be quite increased lately averaging at about 4 per month since Oct23 whereas in previous years it was 1-2 per month. Slot them in around my partners work schedule...
As I'm getting older my thinking is .... do it till you can't!
Economic factors impact punting more than anything else. Its harder to put away $200 without needing to spend it as opposed to finding time due to relationships
How did you get caught?Quote:
Originally Posted by Timeis629
Very complicated - I was supporting a regular ML to go to the chemist as she had been seriously sick the day before. I got spotted by the wife’s friend. Oh well - it’s all good - the resolution has a lot more detail.Quote:
Originally Posted by ryanpumper
It does vary quite a bit, but on average maybe once a month
Same with my wife, but no encouragement. I'd have my dick cut off if she found out.Quote:
Originally Posted by gco0307
Does your wife just think you’re fapping in The shower?
Checked out now
If the sex I good at home why would you stray?
Given that it’s not then the amount of punting depends on available money, time and testosterone.
Are there any other variables?
Usually doing once a fortnight. Recently, I started copy trading some traders so getting some extra money. Now, I'm doing atleast twice a fortnight.
once a fortnight is where my budget stretches. Please let me know where to start to get into trading!
Day trading requires a lot of analytical skills to predict trends. The only downside to day trading is brokerage fees and CGT. If you're trading using $100k then maybe your profits will cover the brokerage fees but when July comes the taxman will have a field day sucking your blood. I suggest negative gearing through taking up an investment loan as the interest repayment can be used as tax deductions.Quote:
Originally Posted by jenlai29
Then again if you're a newbie at day trading I suggest don't get into day trading just yet. If you make the wrong move you might end up insolvent and not getting your dick wet at all.
Agree with your comments generally silverfish, although I think the previous poster was referring to copy trading and yes, you can easily do your $$s with that approach, but you piggyback on the analysis and research of a known trader.Quote:
Originally Posted by Silverfish
As long as they're not taking advice from the Motley Fool. I lost thousands in the past listening to their advice on the best companies to invest in. Basically parked $20k on Village Roadshow who owned "Wet n Wild" in Blacktown plus several other theme parks in GC and Fox Studios, as soon as I became a minor shareholder the share prices dwindled and I lost half the value after 12 months. Had to sell at a significant loss and a few years later Village Roadshow dissolved. From then onwards no more Motley Fool for me.Quote:
Originally Posted by Abracadabra
FMD, sorry to hear that!Quote:
Originally Posted by Silverfish
I get the Motley Fool daily emails but have never signed up.
Quote:
Originally Posted by Silverfish
Thank you for your comments Silverfish! It seems like day trading requires a lot of time and learned skills from experience. I guess I will have to stick to budgeting my personal income for the time being!
Buy US technology stocks that generate real products like Tesla, not rubbish firms like village roadshow
When you're a newbie in investing you tend to listen to "advice" from so called pros. This is why copy trading can be dangerous. It's like people listening to Kevin O'Leary to buy FTX and when shit hits the fan Kevin doesn't even take responsibility for the number of people whose money was lost in that scam.Quote:
Originally Posted by woodland
As long as money will allow. Last month was thrice - pushing it
* Pay cashQuote:
Originally Posted by MrPB
* Punt mid morning/lunchtime
* Park 5 minute walk away from W/L address or take public transport.
* Don't bring any sort of wallet which contains i.d with you. Leave no trace, you may leave your wallet there, it may be stolen or you may drop it on the way/way out of the punt. You wouldn't like to explain what you were doing there right?
* Wear dark pants, dark top, cap & even mask if you like. This helps for any stains from W/L or from her place aren't as visible on you in case that happens.
* Use the W/L shower afterwards but DO NOT use any of their products on your hair & body. Use the hot water everywhere, mouth, cock,balls, arsehole & under arms.
* Don't go home straight away freshly showered FFS. The walk back to your car will help your body be less clean.
* By the time you go home later in the day it will seem like just another day at work in how you feel, how you look & how you smell.
Good luck.