Wall street is scam

your a loser, if you been trading for 18 years and still not retired.


DHOHHI said:
LOL. Anyone who trades penny stocks is asking to lose their $$$.

Plenty of $$ can be made trading ... trade big caps that are highly liquid. And a bit of knowledge on market psychology will help too.

Glad I didn't reach your conclusion about fixed markets back in 1996. If I had I'd have had to find a real job the past 18 years.
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elitetrader12 said:
90% of the market garbage, univestable, untradeable. and for blue chips it's not worth measley 1% dividend.

market psychology it's a greater fool theory, ponzi scheme, or con-game(fraud operation)
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Sorry, but for those of us who have traded for years and years there are a ton of stocks that can be traded that have both high volume and great intra-day ranges. Want some examples? AAPL, GOOG or GOOGL, FEYE, DECK and most any stock with average daily volume of more than 1 million shares with a beta of 2 (or higher). Long or short side of all the above.
 
elitetrader12 said:
90% of the market garbage, univestable, untradeable. and for blue chips it's not worth measley 1% dividend.
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First of all traders are not terribly interested in dividends. That's why they're called traders. Second, if you want to hold stocks then there are plenty that pay 3 - 5% in dividends. GSK at 4.8%, VZ at 4.2%, CSCO over 3%, F at 3%, FCX at 3.7%, INTC at 3.3%, MO at 4.6% and plenty more.
 
elitetrader12 said:
your a loser, if you been trading for 18 years and still not retired.
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Hello .... I trade when I want to. I spend 2-3 days per week volunteering at high poverty schools helping kids with math. I CHOOSE what I want to do with my time.

Funny to see such uninformed drivel from someone who has 5 posts and just registered in June 2014.
 
The markets aren’t rigged. I’m sure some portions of them are and occasionally there’s a big scandal but overall they’re not rigged. It’s too big of a system for a select few to hold absolute power over.
 
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