Stock market is a scam....

wiseones2cents

wiseones2cents

Well-known member
I'll say it for the hundreth time. Only the house and insiders win.....

The concept of shorting sounds like a recipe for disaster, where the losses are unlimited.....Who participates in shorting? People that enjoy high risk(have money to burn), and the regular joe that cant afford to buy stocks.

So basically Robinhood, seems to be a place that attracts amatuer stock traders. I'd assume who got burnt the most is the regular people that shorted the stock, not the Hedge Fund, as the Hedge Fund got bailed out.

Even Elon Musk called shorting a scam, and only legal for vestigal purposes.

Sure you can make billions short selling but again the risk is high, therefore people lose more money then they make.

But all Political saber rattling is (for show), they know who their masters are. All they are doing is trying to save the public faith in the stock market(just like the public faith in elections).

I've heard no talk of shutting down this predatory investing(shorting)......
 
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Insiders make billions over night swindling the small investor(who worked all their lives), without doing 1 hr of real labour.....
 
Stock market is fine for every one. Buy blue chip growth or dividends.

Buy and hold. The trading plans like short selling or hedge funds are for quants.

Nekid shorts are illegal.
 
Authentic Nouveau said:
Stock market is fine for every one. Buy blue chip growth or dividends.

Buy and hold. The trading plans like short selling or hedge funds are for quants.

Nekid shorts are illegal.
Click to expand...

Thanks.

I’ve made a fortune doing the exact opposite of what you suggest.

I will sell my blue chip stocks and dividends and buy more Target stock.
 
Authentic Nouveau said:
Stock market is fine for every one. Buy blue chip growth or dividends.

Buy and hold. The trading plans like short selling or hedge funds are for quants.

Nekid shorts are illegal.
Click to expand...
Fine for everyone? How about the ones that lost their homes and destroyed their families gambling their life savings?

Doesn't a quant aim to reduce risk? Short selling is high risk. The gain can be subsstantial but the losses are endless....
 
Backup said:
Thanks.

I’ve made a fortune doing the exact opposite of what you suggest.

I will sell my blue chip stocks and dividends and buy more Target stock.
Click to expand...
Target stock? Tesla and Amazon(although not too happy with Amazon right now) is the future.
 
Anyways What do you guys think? Seems like the big fish ALWAYS get away with breaking the laws.....

These people knew about the covid "plandemic" way a head of the public and sold off their shares.

ca.news.yahoo.com

The Bill That Could Make Congressional Stock Scandals a Thing of the Past

Photo Illustration by The Daily Beast/GettyThe senators who sold off millions of dollars worth of stock holdings at the beginning of the pandemic may have avoided charges following federal investigations, but to many lawmakers, the episode further tarred the reputation of an institution that...
ca.news.yahoo.com ca.news.yahoo.com
 
wiseones2cents said:
I'll say it for the hundreth time. Only the house and insiders win.....

The concept of shorting sounds like a recipe for disaster, where the losses are unlimited.....Who participates in shorting? People that enjoy high risk(have money to burn), and the regular joe that cant afford to buy stocks.

So basically Robinhood, seems to be a place that attracts amatuer stock traders. I'd assume who got burnt the most is the regular people that shorted the stock, not the Hedge Fund, as the Hedge Fund got bailed out.

Even Elon Musk called shorting a scam, and only legal for vestigal purposes.

Sure you can make billions short selling but again the risk is high, therefore people lose more money then they make.

But all Political saber rattling is (for show), they know who their masters are. All they are doing is trying to save the public faith in the stock market(just like the public faith in elections).

I've heard no talk of shutting down this predatory investing(shorting)......
Click to expand...
Is anyone forced to participate in the stock market? The whole thing is based on nothing BUT speculation. It has no actual basis in reality. If you don't know that going in then shame on you. Think of it as economic darwinism.
 
wiseones2cents said:
Fine for everyone? How about the ones that lost their homes and destroyed their families gambling their life savings?

Doesn't a quant aim to reduce risk? Short selling is high risk. The gain can be subsstantial but the losses are endless....
Click to expand...
High risk are derivatives and exotic instruments like you have never heard of. When the crash came right before obama. many markets were trading CDO's and they had no "risk managers" They treated a bundle of debt obligations like if all the loans were good.
 
Backup said:
Thanks.

I’ve made a fortune doing the exact opposite of what you suggest.

I will sell my blue chip stocks and dividends and buy more Target stock.
Click to expand...
Is that you?

You are a real market mover with your portfolio. The 7 shares of Tupperware your granny left you.
Target beta shifted because of lockdown and TP sales. They were carried by the big Trump momentum which lifted all of the market.

Target and Walmart were open and benefited because of groceries and malls getting shut down.
 
Yakuda said:
Is anyone forced to participate in the stock market? The whole thing is based on nothing BUT speculation. It has no actual basis in reality. If you don't know that going in then shame on you. Think of it as economic darwinism.
Click to expand...
So the stockmarket is like an emperor with no clothes. LOL Basically it is supported by suckers.....
 
Authentic Nouveau said:
Is that you?

You are a real market mover with your portfolio. The 7 shares of Tupperware your granny left you.
Target beta shifted because of lockdown and TP sales. They were carried by the big Trump momentum which lifted all of the market.

Target and Walmart were open and benefited because of groceries and malls getting shut down.
Click to expand...
Ya but the lockdowns have effectively crushed(bankrupted) most competition.....They will pick up the slack. Walmart is transitioning to online shopping. Not sure about Target.....
 
Authentic Nouveau said:
High risk are derivatives and exotic instruments like you have never heard of. When the crash came right before obama. many markets were trading CDO's and they had no "risk managers" They treated a bundle of debt obligations like if all the loans were good.
Click to expand...
You right. I dont dabble in the stock market. But I hear of the nightmares of people losing everything. They are like casinos. They highlight the winners but never the loosers(its bad for business). I am aware of them selling of high risk shares and packaging them off as triple AAA shares which are very low risk. I'm sure people went to jail but the big players(Elites) walked away with billions.... and the regular people lost their shirt....

If you TRULY did understand the market, you'd know it can be EASILY manipulated by big money.....
 
wiseones2cents said:
Fine for everyone? How about the ones that lost their homes and destroyed their families gambling their life savings?

Doesn't a quant aim to reduce risk? Short selling is high risk. The gain can be subsstantial but the losses are endless....
Click to expand...
You don't have a clue on what Quants do.

My dad was a farmer. Trying to convince him owning bank stock which had a solid cash dividend history for 100 years and a better yield was better than the same bank offered in the Trust Department for his investments after fees.
Owning US savings bonds is a gamble.

If the yield is less than inflation, you lose.
Just to rub it in. Your Canadian dollar is a loser. Loser. Down 20% in 8 years.
 
wiseones2cents said:
I'll say it for the hundreth time. Only the house and insiders win.....

The concept of shorting sounds like a recipe for disaster, where the losses are unlimited.....Who participates in shorting? People that enjoy high risk(have money to burn), and the regular joe that cant afford to buy stocks.

So basically Robinhood, seems to be a place that attracts amatuer stock traders. I'd assume who got burnt the most is the regular people that shorted the stock, not the Hedge Fund, as the Hedge Fund got bailed out.

Even Elon Musk called shorting a scam, and only legal for vestigal purposes.

Sure you can make billions short selling but again the risk is high, therefore people lose more money then they make.

But all Political saber rattling is (for show), they know who their masters are. All they are doing is trying to save the public faith in the stock market(just like the public faith in elections).

I've heard no talk of shutting down this predatory investing(shorting)......
Click to expand...
What's wrong with you?
 
Forrestinno said:
Very interesting, very relevant topic. I like some of the ideas I read above, but recently even the cryptocurrency market, namely bitcoin and several other cryptocurrencies, has grown a lot, and this is just the beginning. In my opinion, trading will take place in the coming years in absolutely all areas and will be in the first place. If the most influential people in the world invest in cryptocurrencies, then it is safe to say that this is the future of humanity. Now after Elon Musk follows some statistics and other billionaires to invest in cryptocurrencies, and it will be a competition with these cryptocurrencies, this is the assumption I read on investous.com .
Click to expand...

Cryptocurrencies have no long-term future. They have nothing to back them up. There is no enforcement. It all works because people trust the system. It is not unlike nation-backed currencies in this respect, except that there is nothing standing behind that system. Holding bitcoins is eventually going to be like holding Venezuelan bolivars - almost worthless. And this is from someone who understands the cryptography of block chains. The mathematical theory of cryptocurrency is solid. But the psychology of cryptocurrency is totally lacking. You can't guarantee human trust with an algorithm.
 
Ignatius said:
The list of what's wrong with socialism is too long
Click to expand...
They just say it was never installed and managed correctly.

Now Joke Biden wants to "investigate" supply chains. Where ever there is socialism, look for TP shortages and bread lines. Shortages are Stage I of socialism.
 
Authentic Nouveau said:
They just say it was never installed and managed correctly.

Now Joke Biden wants to "investigate" supply chains. Where ever there is socialism, look for TP shortages and bread lines. Shortages are Stage I of socialism.
Click to expand...
Their brand of socialism will be much better.

I'm stocking up now
 
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