On Time in the Market

[fenders53]

(12-12-2021, 11:50 AM)rnsmth Wrote:

(12-12-2021, 11:15 AM)cemanuel Wrote:

(12-12-2021, 10:58 AM)fenders53 Wrote: I just don't like how they trade.  Market makers steal from the players at a level I have experienced nowhere else, every single day.  If they actually had fundamentals I could analyze I'd enjoy them because it wouldn't be 100% blind luck if I win or lose, with the odds heavily against me.

Not 100%. They have characteristics and you can look for them. And the fact that I had good luck with six doesn't guarantee I'll have the same with more. And to be VERY clear, for something like this, I'll use money I can afford to lose, if I do it. It does fly opposite everything that I do with buying dividend-payers.

That may or may not be.   Could not prove it either way by me.

Here is the thing, I do not need to do it.  I do not want to spend the the time trying to learn that obscure corner of the markets.  I simply see not reason, happily retired for 8 years at the age of 70, to go there.

Increasing dividend cash flow by at least 10% each year, that is where I am at.

There is no math to analyze with almost all penny stocks.  It's a dilution game and most of the "companies" are a couple of people that run a shell company.  They often have fraud lawsuits in their past if you research them just a little.  The space is full of scamsters.  There is generally no product being produced.  It's usually just a website and some conceptual product ideas illustrated.  There is no real need to research.  Pick some tickers and hope they get hyped while you are watching so you can bail and leave the bag holders behind. That really is how almost all of them roll.  A roulette wheel is more appealing to me because the roulette wheel involves no humans purposely trying to steal from me.  The wheel is just math.