StockFetcher Forums · General Discussion · What did everybody fall off the face of the earth?<< 1 2 3 >>Post Follow-up
four
5,087 posts
msg #144619
Ignore four
9/10/2018 12:31:51 PM

welcome


miketranz
788 posts
msg #144623
Ignore miketranz
9/10/2018 8:22:01 PM

Here's a piece I wrote last year that just about sums it up. Welcome to Wall Street:The market's a set up,a shake out game by design,to siphon money from your account as rapidly as possible.The only reason it exists,in my opinion,is to extract large amounts of capitol,at the expense of the public.It's controlled by two elements,fear and greed,by a few of the largest institutions on the planet.86% of actively managed equity funds under perform the Standard & Poor. 95% of retail traders loss money,year after year,using the market as their private casino.Many day traders will wipe out their accounts within a year.The three main reasons for trading failure are 1)Lack of a solid plan,based on mathematical probabilities.2)Lack of money management skills,risk/reward factors.3)Lack of information.If your goal is to make money in the market,Stockfetcher has the tools at your disposable to do so.The market's a numbers game,not a guessing game,and until one realizes that,he will continually bleed money into the system.Miketranz....



shillllihs
4,954 posts
msg #144624
Ignore shillllihs
9/10/2018 9:22:25 PM


None of this matters to me, it’s just a hobby but.
As for me, I’m convinced I know where the market is going so guessing is never an issue. The toughest part is staying the course over a long period of time, and not being shaken out by the never ending attack of those that want to psyche you out of your position. Or greed when a better trade comes along and you bail a position that you’ve been holding on to and jump on another, only to have the prior trade spike. I’m convinced they have it down to a science and their techniques will out last most people.
The best trade I ever made was in my 20s when I bought silver and I forgot I had it for 2 years only to come back to have it go up a few hundred percent.

roca1018
114 posts
msg #144625
Ignore roca1018
9/11/2018 6:01:31 AM

Shills,

When did you acquire your psychic powers?


Rich

davesaint86
503 posts
msg #144627
Ignore davesaint86
modified
9/11/2018 8:50:18 AM

I bought $20,000 of the Vanguard Healthcare Mutual Fund back in 2000. Sold during the dot.com bust. If I would have held it would be worth $160,000 today. Maybe the simplest solution is buy 4 or so funds (based on future trends and demographics)(Biotech, Healthcare, Technology, Robotics) and sit on them for your long term strategy and have another bucket for your short-term trades.

four
5,087 posts
msg #144628
Ignore four
9/11/2018 10:01:01 AM

Dave,

You sound like a Boglehead -- just a litle :)

Opinion: A Boglehead explains the simplest way to manage your money

Published: Sept 11, 2018 5:29 a.m. ET

https://www.marketwatch.com/story/a-boglehead-mentor-explains-the-simplest-way-to-manage-your-money-2018-09-11

davesaint86
503 posts
msg #144629
Ignore davesaint86
modified
9/11/2018 11:13:04 AM

Four - Sound like one but really not. I probably would have made more money if I was though in the long run. However, I just cannot see taking a 50% draw down when you don't have to.

four
5,087 posts
msg #144630
Ignore four
9/11/2018 11:23:08 AM

Mac,
A "template" for your investing book promo.
Change info from real estate to stocks. Done.

https://courses.coachcarson.com/p/real-estate-start-school/?affcode=135178_v-qzqcdt

shillllihs
4,954 posts
msg #144631
Ignore shillllihs
modified
9/11/2018 12:30:37 PM

Yes you’re right about buying certain funds and just hanging on. I‘ve always said buy the 3 most beaten down funds over the last 10 years. What makes this so hard is the waiting game and how about if you wait 7 years and you ride it all the way up and then all the way down. That could be devastating.

As for my Psychic abilities, I have always demonstrated more intuition than most people so that helps.
Plus I’m always seeking value so I’m increasing the odds from a 50/50 chance to at least 85% or more.
I absolutely completely nailed the macro state of the prolonged bull market several years ago.
I stated since the market fell so much in 2008 that we would have 12 years of a bull market.
It’s all cyclical, the big guys like cycles, makes it easier for them.
This bull is not over, in fact the best thing to do imo. Is just buy TQQQ and hang on until about 6months to a year before the next election. I know when to bail using a certain CCI system indicator I’ve worked on.
That’s all, ez.

karennma
7,591 posts
msg #144680
Ignore karennma
9/17/2018 9:00:34 AM

davesaint86
435 posts
msg #144627
- Ignore davesaint86
modified 9/11/2018 8:50:18 AM
I bought $20,000 of the Vanguard Healthcare Mutual Fund back in 2000. Sold during the dot.com bust. If I would have held it would be worth $160,000 today. Maybe the simplest solution is buy 4 or so funds (based on future trends and demographics)(Biotech, Healthcare, Technology, Robotics) and sit on them for your long term strategy and have another bucket for your short-term trades.
====================================

Hahaha! U finally figured it out.
Buy & hold in bull markets. All the rest is just gambling. And a very time-consuming "hobby" at that!


StockFetcher Forums · General Discussion · What did everybody fall off the face of the earth?<< 1 2 3 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2018 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus