Stock Market Is A Scam

midlifeguy · Mar 18, 2008

Anyone that thinks otherwise has no idea what goes on with the big money.

The unsuspecting public get burned left and right and keep coming back for more because the media says you must invest in equities for long term growth. What a bunch of nonsense. I would bet 99% of people lose in the stock market.

HedgefundTrader2 · Mar 18, 2008

Quote from midlifeguy:

Anyone that thinks otherwise has no idea what goes on with the big money.

The unsuspecting public get burned left and right and keep coming back for more because the media says you must invest in equities for long term growth. What a bunch of nonsense. I would bet 99% of people lose in the stock market.

Yes its a scam. SPX is one of the most manipulated indexes in the world. Institutions traders / hedge funds/mutual funds/ various other sundry pin stripped ghouls on Wall street play it every day. That is why you see it stop on a dime and do not crash, cause no one would like to kill their golden goose and start working at the local car wash...

cold · Mar 18, 2008

if you mean that market is manipulated well yes it is

but does that mean you can't trade it, NO

Fangdog · Mar 18, 2008

Whether the market is as crooked as a Dog's hind-leg or as straight as an arrow. There are people who couldn't trade it successfully if their lives depended on it.

makloda · Mar 18, 2008

Quote from midlifeguy:
The unsuspecting public get burned left and right and keep coming back for more because the media says you must invest in equities for long term growth.

IMO anybody who gets their investment advice from the media deserves to get burned. Trading by headlines will make you buy tops and sell bottoms.

mokwit · Mar 18, 2008

Quote from midlifeguy:

Anyone that thinks otherwise has no idea what goes on with the big money.

Please reveal more of what goes on with the big money - we are all ears (seriously).

ang_99 · Mar 18, 2008

Quote from midlifeguy:

Anyone that thinks otherwise has no idea what goes on with the big money.

The unsuspecting public get burned left and right and keep coming back for more because the media says you must invest in equities for long term growth. What a bunch of nonsense. I would bet 99% of people lose in the stock market.

Does that look like a scam to you?

Buy and hold is where big money is made.

Cherrypicker · Mar 18, 2008

The stock market is there to create liquidity and help the listed companies raise funds for their operations. It was never invented to provide easy money for every man and his dog.

thesharpone · Mar 18, 2008

"Stock Market Is A Scam"

of coarse, wtf else did you think it was, purchasing a portion of a company at it's current value?

try to think like a scammer, how would you move the market to get the most out of the average trader?

if you wanna do real business you gotta think 'legal scams ' and 'legal market domination', see what people are demanding, give them what they want, but in a f*cked up way so you make the most profit out of it, if you have big money you can create false desires in humans and once done feed them with the new shit they desire

if you can't beat them join them

somethings you just gotta do the way it's done, not the way it appeals to your emotions, put away nonsense like conscience and morals, there are no such things, this world is a bitch and pretty much everyone in it is a bitch too, so you'll lose if you're not one

Mercor · Mar 18, 2008

Quote from ang_99:

Does that look like a scam to you?

Buy and hold is where big money is made.

You think the fact that they drop weak companies and add strong companies all along might cause a perpetual up bais.