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STUPIDITY and the market punters ..... to the newb

  1. turbiditic

    479 Posts.

    The Bulletin's speculator shows a handsome profit over a 20 year period ..... trouble is you can't get on at the 'notional' price they buy for.

    FatProphets put it all out in front of you with claims of great profits. You can't buy them all, so you may just select the duds. And ..... they are not doing too well recently are they ? (except for the gold bugs)

    Rivkin. I have no experience with this dude but his claims are in the order of 85% of trades are winners. I saw the recent go with GTP. He appears to make a market himself and that can't be good for the average punter.

    Shares Mag is past it's use by date.

    Forget the likes of H/C.

    Systems cannot work ..... the more that use them the narrower the odds, until they eventually don't work.

    T/A cannot possibly be used successfully by anyone less than an 'expert' ..... (read about 1%) By the time you figure out what works the 'experts' have moved on.

    Fundamental analysis can't work for the average 'joe' because the market has priced the 'future' into the stock ! ..... long before things become known.

    Stockborkers can't even make money out of the market themselves !!!!!!!!!!! FACT !!!!!!!! except for their commissions.

    So where does that leave you mugs ????

    Out on a very shaky limb with someone smarter just a few feet away (and within earshot) who appears to have a pruning saw in his hand.

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