Link to the first post https://getqu.in/cbIOkg/

I will also link all parts in the first post and pin the first post in my profile.

This part of the post is about the following 2 topics

• Trading versus Buy&Hold
• What are the requirements for trading

To Buy&Hold I don't need to explain much more here 😉 It's a well-known and proven method, particularly suitable for more passive investors or those who don't want to deal with the stock market on an ongoing basis. Start with a savings plan - "time in the market" pays off!

When trading the situation is somewhat different. Active trading is required here. "Timing the market" is the motto. With the appropriate knowledge, a careful approach, good risk management and, above all, discipline, it is far more than just "gambling" or "gambling".

When I analyze my losing trades, the cause is almost always a lack of discipline, such as impatience or poor risk management. Sounds simple, but it's not... "The spirit was willing, the flesh was weak" 🤪🤷‍♂️

Conclusion:

• B&H and trading are not mutually exclusive, but can be combined well and sensibly. Part of my trading income, for example, flows into my B&H share on an ongoing basis.

• Trading means being responsible inform - plan trade - execute trade!

• Without a genuine interest in active trading and having fun trading, this will not work. If you just follow tips or influencers, you will almost certainly end up with the ominous 80% who only lose money (if only because the timing is no longer right).

The last two points in the conclusion are a good transition to the topic "Prerequisites for trading". In my view, in addition to the points already mentioned, the following aspects are essential in order to be sustainably profitable:

• Money management
• A trading tool
• Knowledge of chart analysis "a fool with a tool is still a fool"
• Discipline

Money management:

On the subject of money management, I would like to refer you to one of my older posts. It is essentially about determining the capital investment and the position size based on the maximum acceptable loss.

A proven guideline in trading is: Never risk more than 0.5% to max. 1% of your available capital per trade. You can find details on this in the following post https://getqu.in/tzhXqc/

Trading Tool:

Since trading is all about "timing the market", there is no getting around a trading tool. There are several tools on the market, and almost all of them offer a free version to get you started. The free versions are usually not sufficient for professional trading, as important indicators and data are missing. However, they are perfectly adequate for starting out and testing a little.

Tip: Use the free trial months of the subscription models to decide for yourself whether and which paid subscriptions are of interest to you.

I use TradingView https://www.tradingview.com and I'm really happy with it. In addition to the chart tool, there are lots of functions such as share screeners, market information, watchlists, price alerts, calendars for events such as earnings and dividends and a news feed. There is also a community, but I haven't used it yet.

Tip for beginners: TradingView also offers a demo account (paper trading), where you can safely start trading and test your strategies without using real money. Paper Trading — main functionality — TradingView

If you are interested in TradingView, I can offer you a referral link (just ask for it in the comments - I don't want to actively post the link here). Then we both get 15$ credited to our fees. PS: I am not a Finfluencer and have nothing else to do with TradingView. It is not a source of income nor the goal of these posts - it would just be the usual friend-referral.

Knowledge of chart analysis:

Well, as written above, "a fool with a tool is still a fool". Of course, you can't do it without learning and dealing with the subject. The trading tools are all very helpful, but without understanding what you are doing with them and how to use the charts, indicators or oscillators, it won't work. Fortunately, today there are lots of tutorials on YouTube, communities etc. where you can acquire knowledge free of charge.

There will be more on chart analysis in the last part of the articles when it comes to my trading setup.

Discipline:

This last point is the most important; in combination with the 3 previous points, discipline is the key to success. Even long-time traders are subject to FOMO with accompanying ill-considered or not properly analyzed trades. This often ends the way it must... "Know yourself and your trading behavior!"

Please note, this article only reflects my experience. There are many different approaches to trading - there is no right or wrong. In the end, everyone has to find a setup that suits them.

Actually, I wanted to cover the first three points today, but as this post is already quite long, I'd rather end it in the spirit of TL:TR and will cover the points "Time spent" and "Trade frequency" in the next post. Possibly also "Profit and loss trades YTD 2025", which would fit in with the trade frequency / number of trades.

PS: as I'm traveling for work for the rest of the week, there won't be any more parts until next week.

#trading

In the feed of the linked shares you will find posts of the last few days/weeks from me $UBER (+1.56%)
$ADYEN (+1.42%)
$MMK (+2.52%)
$VRTX (-0.05%)
$RDC (-0.41%)
$KTN (-0.26%)
$NOVO B (-2.62%)
$MRK (+1.8%)

$KTN (-0.26%) Was bought last week at earnings, but is struggling at the POC. For the holding period of a few days, the spread is enough for me 😉

Even though I fundamentally think a lot of Kontron and I think it would be a good B&H stock, from a short-term trading perspective it will be exchanged for stocks where I see more potential in the coming days. Capital goes into $MMK (+2.52%) and $VRTX (-0.05%)

POC...price area with the highest volume in the visible area (yellow dashed line)

The yellow channel shows the standard deviation from the volume-weighted average price VWAP. The upper edge is currently almost exactly at the POC

#trading

Bet on a CDU election victory in Germany

Well, it is foreseeable that the sceptres in our country will soon be realigned again. In the course of this, the losers ($MMK (+2.52%) ) can be replaced by potential winners.

In this context, the shaken energy companies in particular should have more lucrative prospects again thanks to the influence of the lobby. For this I have chosen RWE $RWE (-0.46%) for this.

Here are the reasons:

• In the wake of the shaken economic situation, particularly due to high energy prices (especially grid fees), there should probably be relief for large-scale industry in order to avoid further migration.
• The energy transition should no longer be seen as primarily necessary. It is therefore logical to conclude that the coal phase-out should be called into question once again in order to temporarily secure jobs and avoid overburdening lignite regions and the federal budget for restructuring programs.
• Furthermore, a potential government is currently showing little ambition for a possible return to nuclear energy, as a result of which coal and gas energy sources will logically continue to be of essential importance for the business location, which is likely to be in the interests of the lobby.
• In addition to this, RWE is showing particular ambition in the restructuring of the business area, which can therefore be seen from the fact that the operating margin is growing massively as renewable energy sources increase.
• The expansion into markets outside Germany and the EU is aggressive, which should allow them to benefit massively from various national subsidies.

In general, the prospects on the energy market for suppliers/producers are likely to improve again in the future as the Russia-Ukraine conflict eases, which in turn could make cheap raw material imports from Russia a reality again.

State shareholdings for potential loss-making transactions by corporations are also deeply rooted in the CV of the Christian Democrats, which is why the loss potential is likely to be very much in line with expectations.

Rising share prices with a target of €40-45/share and rising dividends are a pretty safe bet, in my personal opinion. (Tranche 1/3)

$MMK (+2.52%) It was worth a try, but the market does not seem to have bottomed out yet.

So, out again after 10 days with damage limitation / SL. But remains on the watchlist 😅

$MMK (+2.52%) Mayr-Melnhof Karton AG - a turnaround candidate for 2025🧐

The divisions are divided into 3 areas:

• Board & Paper
• Food & Premium Packaging
• Pharma and Healthcare Packaging

Due to weakening demand and oversupply on the market, the $MMK (+2.52%) was recently hit hard, which is also reflected in the chart.

We saw the current price level around 10 years ago. In 2013 and 2014 it was already support, and before that in 2011 and 2007 it was resistance. Has the bottom been reached or will the slide continue?

The Q3 figures will be published shortly on 7 Nov ☝🏻

And what about the outlook?

Demand on the market is still subdued and the oversupply has not yet been reduced. What seems interesting is the good long-term customer base. Ultimately, the prospects of $MMK (+2.52%) can also be derived from the prospects of its key accounts.

In addition to the solid customer base, the ongoing Cash & Profit Protection Program also appears to be bearing fruit. Cash flow has already improved significantly and should also have an impact on earnings in 2025.

My conclusion:

$MMK (+2.52%) The company has been added to my watchlist. I can well imagine entering the stock soon with an initial small position and then seeing whether the market believes in a turnaround in the same way. If it turns upwards again, the position can be expanded with further tranches.

Do you know Mayr-Melnhof Karton? Do you already have it in your portfolio?

@7Trader
@BamBamInvest
@Smudeo
@Goldmarie
@Petzi-Port

You can find more information here https://mm.group/wp-content/uploads/MM-Group-investor-presentation-Oct-2024-1.pdf