12-12-2021, 12:41 PM
(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.
I don't need to do it either. But I'm fortunate enough to have a large pool of funds that I don't need to live on. Heck, I've talked to people about establishing a franchise in The Basketball League: https://thebasketballleague.net/ Anyway, if I do this, it'll be as much for entertainment as anything though I do expect to make money on it. And yes, I'll post on it, if I do it - here it'll be in the off-topic Board.