On Time in the Market

[fenders53]

(12-12-2021, 12:41 PM)cemanuel Wrote:

(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.

I really think you should consider learning to buy options and feed that gambling bone.  I use 1/3rd of my portfolio and make a few thousand dollars on the other side of that trade almost every month.  So why would I suggest this?   Because the "other team" is making bets (usually small) on real companies and there are definitely times when they win, and many other times when they can break about even if they know when to bail and place a new bet.  The market throws curves for sure, but you literally get to pick your entry odds.  It's pure math based on the current market.   I consistently hit singles (which is exactly why I do it) while they are normally trying to hit doubles and triples.  Trying to hit HRs on the buy side is definitely popular but the odds are much tougher.  We have a forum for this and several of us are knowledgeable.