EPT
That account was created on 2011-04-26 14:41:19 and had 238 posts.
Reason:
On October 08 2011 17:19 blah_blah wrote:
OP, you sound really dumb and clueless about how stocks work in general (likely as a result of being misled by friends or by various scammy stock market strategies from the internet). You appear to have no sort of real education about how stocks work (and certainly no idea of what it means for a market to be efficient), almost no sort of practical or theoretical understanding of volatility or bankroll management (not that bankroll management is especially important when you likely have a negative expectation), and you almost certainly cannot afford to lose the money that you are going to lose.
You talk about buying options when you definitely have no clue as to how options are actually priced in mathematical finance. You will probably lose money either way, but since you have no clue on what a proper price for an option should be, you are better off making simple directional bets on the market rather than getting into derivatives which are beyond your ability to understand (don't construe this as a recommendation -- based on your post you should not be investing in the stock market under any circumstances).
If making profits on stocks was as simple as buying in September and selling in January or whatever stupid pet theory you have adopted, then everyone would be doing it (and more relevantly, the market would have already priced it in).
The sad irony is that you appear to have been the beneficiary of a great deal of government programs designed to help less fortunate individuals such as yourself, but you spend a substantial amount of time railing against the very programs that you are taking advantage of over the internet. When you blow the little amount of disposable income that you have on this ill-conceived endeavor you will probably continue to receive aid from the government. You are the embodiment of the substantial amount of Americans who vote Republican believing that, despite their general ignorance and lack of proficiency in any technical field, they are just a small break away from being in the highest income bracket (and hence social programs are bad, taxes on the rich should be slashed, etc, etc, etc). You are not a unique snowflake. You are mediocre and unremarkable. If you and individuals like yourself would realize this and vote in your own economic and social interests, America (and the rest of the world by extension) would be much better off.
OP, you sound really dumb and clueless about how stocks work in general (likely as a result of being misled by friends or by various scammy stock market strategies from the internet). You appear to have no sort of real education about how stocks work (and certainly no idea of what it means for a market to be efficient), almost no sort of practical or theoretical understanding of volatility or bankroll management (not that bankroll management is especially important when you likely have a negative expectation), and you almost certainly cannot afford to lose the money that you are going to lose.
You talk about buying options when you definitely have no clue as to how options are actually priced in mathematical finance. You will probably lose money either way, but since you have no clue on what a proper price for an option should be, you are better off making simple directional bets on the market rather than getting into derivatives which are beyond your ability to understand (don't construe this as a recommendation -- based on your post you should not be investing in the stock market under any circumstances).
If making profits on stocks was as simple as buying in September and selling in January or whatever stupid pet theory you have adopted, then everyone would be doing it (and more relevantly, the market would have already priced it in).
The sad irony is that you appear to have been the beneficiary of a great deal of government programs designed to help less fortunate individuals such as yourself, but you spend a substantial amount of time railing against the very programs that you are taking advantage of over the internet. When you blow the little amount of disposable income that you have on this ill-conceived endeavor you will probably continue to receive aid from the government. You are the embodiment of the substantial amount of Americans who vote Republican believing that, despite their general ignorance and lack of proficiency in any technical field, they are just a small break away from being in the highest income bracket (and hence social programs are bad, taxes on the rich should be slashed, etc, etc, etc). You are not a unique snowflake. You are mediocre and unremarkable. If you and individuals like yourself would realize this and vote in your own economic and social interests, America (and the rest of the world by extension) would be much better off.
What the fuck? Nobody likes a judgmental asshole. You've been warned about posting like this before.
