Normal
WellI think, we agree not to agree on anything, so that's fine and normal.HE and I do use tech stuff, but not solely and he is a devoted sole tech guy, which i can accept and do understand. As I said a fan club or a religious cult at times.Book sellers and course sellers and experts, well, again, we differ as do many on this thread. I feel nothing to be gained by going over ground covered.So many ways to profit in the market, however,, trying to say point out risk management of buying something that you have NO real idea of its value is taking on an exponential risk for what are minimal returns over and above the market.That, alone, would inflame and enrage. But buying say LUM or PDN or even an oil stock when it hit $150 briefly as the USD crashed in 2008, was asking for pain. Not looking outside, as to what drives things, is only logical and safe.We agree, as I suspect most on their way is the best. It may very well be for them. I do know, over time, the more you get involved, the potential for something to explode and take 100% of an investment becomes exponential.Shorting shares, one person asked me ... you are often shorting unlimited insanity. Doing so with leverage is even worse. Sell say a share drilling but looking awful on a chart and it intersects 600 metres of oil or high grade minerals and the short at 50 cents is next price $5- .Similar to shorting options. Most retire worthless, and someone who has granted options and got the premium for a few years, one day, it occurs. All of them get exercised and you loose, every cent you made in 3 years but multiplied by 10.Not that I have done that, but, at times say 9/11 when a market closes, opens 5 days latter, it stings. Or a company lies and the announcement comes out and its 20% lower or god forbid, receivers ... but that too will occur if your around long enough. Brains DON'T matter nor does research or charts. It happens !!I think leaving sleeping dogs lie, is the best option and I do take note of you kind comments.Nothing to be gained kissing and making up. We are different and vastly different which is all good.Humans are different and that is what makes the world tick.Take care.Whoops just saw his post above ... even funnier than the others
Well
I think, we agree not to agree on anything, so that's fine and normal.
HE and I do use tech stuff, but not solely and he is a devoted sole tech guy, which i can accept and do understand. As I said a fan club or a religious cult at times.
Book sellers and course sellers and experts, well, again, we differ as do many on this thread. I feel nothing to be gained by going over ground covered.
So many ways to profit in the market, however,, trying to say point out risk management of buying something that you have NO real idea of its value is taking on an exponential risk for what are minimal returns over and above the market.
That, alone, would inflame and enrage. But buying say LUM or PDN or even an oil stock when it hit $150 briefly as the USD crashed in 2008, was asking for pain. Not looking outside, as to what drives things, is only logical and safe.
We agree, as I suspect most on their way is the best. It may very well be for them. I do know, over time, the more you get involved, the potential for something to explode and take 100% of an investment becomes exponential.
Shorting shares, one person asked me ... you are often shorting unlimited insanity. Doing so with leverage is even worse. Sell say a share drilling but looking awful on a chart and it intersects 600 metres of oil or high grade minerals and the short at 50 cents is next price $5- .
Similar to shorting options. Most retire worthless, and someone who has granted options and got the premium for a few years, one day, it occurs. All of them get exercised and you loose, every cent you made in 3 years but multiplied by 10.
Not that I have done that, but, at times say 9/11 when a market closes, opens 5 days latter, it stings. Or a company lies and the announcement comes out and its 20% lower or god forbid, receivers ... but that too will occur if your around long enough. Brains DON'T matter nor does research or charts. It happens !!
I think leaving sleeping dogs lie, is the best option and I do take note of you kind comments.
Nothing to be gained kissing and making up. We are different and vastly different which is all good.
Humans are different and that is what makes the world tick.
Take care.
Whoops just saw his post above ... even funnier than the others
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