XPost: alt.fan.rush-limbaugh, alt.atheism, alt.slack
XPost: edm.general
In article <
[email protected]>,
[email protected] says...
shogun wrote:
Attila wrote:
On Thu, 3 Oct 2024 12:20:27 +0000, shogun <[email protected]> in
alt.atheism with message-id
<[email protected]wa>
wrote:
Attila wrote:
On Sat, 28 Sep 2024 16:00:04 -0000 (UTC), kami <[email protected]>
in alt.atheism with message-id
<b5r3ta4nenzt$[email protected]> wrote:
On Sat, 28 Sep 2024 08:48:09 -0400, Attila wrote:
On Thu, 26 Sep 2024 13:46:44 -0000 (UTC), kami <[email protected]>
in alt.atheism with message-id
<76rfp2bfteus$[email protected]> wrote:
trading is very simple in principle, it doesnt require a phd or >>>>>>> someone smart to be successful. which is why i entered it. you >>>>>>> buy low, sell high, sell high, buy low. very simple.
So is robbing a bank.� Put on a mask. Write a note saying
you have a gun.� Fill a bag with money.� Go home.
It's what comes next that is also simple.
Borrow money.� Buy X at 500.00 per share.� Watch X drop to
50.00 per share.� The borrowed money becomes due.� You are
screwed.
Remember, for every seller there must be a buyer who is also
trying to buy low and sell high.
I watched several thousand shares go from $57 to $2.� I was
lucky that it worked to my favor but it took several years.
yes it is a zero sum game, my thinking is, majority of the money
pouring in are either from big institutional investors /
algorithms / hedge funds etc. now if i take a small amount from
them each month, enough to live comfortably, what is the harm?
That sounds good but they have multiple computers, software
programs, and years of experience.� If you are in line with
their actions you may make money but they can turn before
you are aware of a new direction.� Generally you only know
after the fact.
exactly, to go with the flow. the biggest hurdle is greed and
hope, those are killers.
part psychology and part strategy is what i am learning to at
least cut losses. a large part psychology actually.
An investment strategy is your best bet.� Otherwise you are
just gambling in the market rather than a casino.
it looks that way at the moment, i am a trading novice, i think
by end of the year, i should be in a position where at least my
capital is not in the red from its current level, that is the
aim, rather than hit jackpots.
Your best bet is to take a long term a approach.� Decide
what you want to buy, a stock, mutual fund, or whatever.
Take the regular amount you wish to invest from every check
and set up an automatic investment each payday.� You can do
this in several ways involving your bank and if necessary
your broker.� Then keep an eye on the stock occasionally and
let the investment accumulate.� Pay no attention to the
price on the date you invest - over time this works out the
best.� It is called dollar cost averaging� and has been
tested repeatedly.� Even a small amount can be split over
several items if you so desire.
This is a long term process and over time will result in
profits if you pick the proper stock, fund, or mix.
I have had two of my stocks for almost 30 years.� One was
doing OK with good dividends then tanked with stopping the
dividend and dropping like a rock. I got a couple of
thousand when I sold all of it.
The other stock had a slightly smaller investment and has
had a 2,547% gain over the same period with a moderate
dividend.� Needless to say I am still keeping that one.
Investors usually do very well over time but traders
frequently go broke.� The individual just doesn't have the
resources needed.
yes long term that strategy is something i will settle on, eventually. i want to see how this goes, really want to turn this into a career.
why did you change your name to boat bum
How did you get to be known as squiggles the assworm?
https://tinyurl.com/ya9ht55d
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