Recent content by Dandr39

  1. Dandr39

    How is retail day trading anything but a gamble?

    Good luck with the DAX.
  2. Dandr39

    How is retail day trading anything but a gamble?

    I have to admit I've only just started learning to trade/invest myself. I'm quoting books and courses I've been working through. It is a sweeping statement, but there seems to be a lot of evidence that supports the Efficient Market hypothesis (the idea that all information about a securities...
  3. Dandr39

    How is retail day trading anything but a gamble?

    Technical analysis is pushed by brokers and introducing brokers onto naive investors as an easy to understand formula for getting rich. Of course it doesn't work. But by then the retail trader has blown up several thousand dollars in his account yet the broker has made far more than that by...
  4. Dandr39

    How is retail day trading anything but a gamble?

    Absolutely. All technical indicators are lagging. It's been proven mathematically in many studies that markets are unpredictable:
  5. Dandr39

    Warner IPO

    Warner is IPO'ing this week. Today is the pricing day and tomorrow it will begin trading if I've got that correct? Initial price estimates are $23-$26. https://www.thestreet.com/ipo/news/ipo-calendar-june-1-to-june-5-2020 Does anyone here trade IPO's? What's your opinion on this? I'm a newbie...
  6. Dandr39

    Legal and General (LON: LGEN)

    What does the forum think of this stock? Multinational financial services headquartered in London. Undervalued after the Covid crash. Carrying some junk bond debt (£1B) against a total asset portfolio of £75.9B. Also has £17B in BBB bonds. I think this might be what is keeping the price down at...
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