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Stock Market Is A Scam
- Thread starter midlifeguy
- Start date
I guess it's stocks like BSC that makes ppl here think it is a scam.
Quote from 1000:
If this thread is the kind of leadership we are expecting from the Dems, then I am sticking with the Republicans. Typical thread during election year.
Sorry if I killed of this thread, but the Dems make me sick. What is more interesting, however, is that they let everyone know when they are down.
don't know what comment you are referencing, I read the whole thread,
and don't know what brought in the political comment, but there are other threads that highlight the reality of the current market conditions that we are all suffering under, and there's not a Democrat in sight to blame. So, in those overly simplistic terms, hey: 4 more years, huh?
maybe that way they can get it right! and crash the ecomomy beyond repair, because all this hand wringing over not acknowledging a recession as if somehow just through redefining the technical term can aussuage all the lost jobs, bankrupt state, municipal and local governments (because they can't tax these overly broken down middle class citizens any more) and other negative disparencies in the economy hasn't done it, then why not go for full broke!
hmmmm, now there's a thought, more tax breaks for offshoring jobs, for the overly wealthy and for the Exxons, Enrons and Haliburtons of the US.
Their are 3 types traders (1) Those that
don't know or think the market is a scam.
(they lose everyday until they just
disappear) (2) Those that think the market
is a scam (they lose almost everyday.)and
just hang around and complain. And (3)
Those that know the market is a scam or
ponzi scheme and adjust their trading
to reflect this reality.(They win almost
everyday.) which one are you? To put it
more bluntly all markets are manipulated
by someone or some entity with just a little more money and resources
(Knowledge) than you.
don't know or think the market is a scam.
(they lose everyday until they just
disappear) (2) Those that think the market
is a scam (they lose almost everyday.)and
just hang around and complain. And (3)
Those that know the market is a scam or
ponzi scheme and adjust their trading
to reflect this reality.(They win almost
everyday.) which one are you? To put it
more bluntly all markets are manipulated
by someone or some entity with just a little more money and resources
(Knowledge) than you.
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.
Anyone who doesnt figure that out pretty quickly is lost.
It's a ponzi scheme/casino. Don't hate the game.
It's only a scam if you believe that somehow you have an advantage over a fairly efficient market and that in reality you may not have this edge.