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Old May 20th, 2016, 01:20 AM   #11
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That is what I have been saying.Stay away from stocks and just range trade.Long term you will lose you're money.
Well in fact, there are still undervalued US stocks in which it is possible to make good money, but it takes detailed fundamental analysis to identify them.
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Old May 20th, 2016, 01:37 AM   #12
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Well in fact, there are still undervalued US stocks in which it is possible to make good money, but it takes detailed fundamental analysis to identify them.
One minute you say sell,next minute you say buy.I say do both with range trading.Long and short.Daily only.
You can buy an undervalued stock and wait 3,6,9,12 month to turn a profit,and in all probability it will probably go backwards. What a fkn wast of time and fkn money.
I might be undervalued,but most traders don't give a fck.
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Old May 20th, 2016, 01:53 AM   #13
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One minute you say sell,next minute you say buy.I say do both with range trading.Long and short.Daily only.
You can buy an undervalued stock and wait 3,6,9,12 month to turn a profit,and in all probability it will probably go backwards. What a fkn wast of time and fkn money.
I might be undervalued,but most traders don't give a fck.
What in fact said is that most US stocks are grossly overvalued, but some US stocks are undervalued. Read attentively what is said to you before making false claims.
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Old May 20th, 2016, 02:07 AM   #14
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What in fact said is that most US stocks are grossly overvalued, but some US stocks are undervalued. Read attentively what is said to you before making false claims.
Who fkn cares what is under and over valued. You must be one of those long term traders holding out for the holy grail.

RANGE TRADE,RANGE TRADE,is what I believe in.Sell everything before close of trade and don't pay any interest on the 5 million loan that you took out that day.
Hold over night and the interest will kill you. Buy and sell same day and there is no interest charged.
Were else will somebody lend you 10 million for nothing.
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Old May 24th, 2016, 03:04 AM   #15
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In fact, having made detailed fundamental analysis of many US publicly traded corporations, blue chips and not, I can assure you that many US stocks are grossly overvalued, 2-3 times in relation to their intrinsic value. Don't buy most US stocks if you want to keep your money, buy gold and silver coins and bullion.
Range trade spot gold,silver,oil. But I have never heard of a broker that leverages coins.
Leverage is the name of the game.10000 buys a 1 million spot trade(if trade goes up by only 2% you have made 20 thousand) But with out the leverage you have only made 200 dollars.
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Old May 24th, 2016, 03:07 AM   #16
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In fact, so-called FOREX is giant casino, fixed by big bangs, and as in any casino, only big banks win long term in FOREX.
Why do you say only big banks win at forex?
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Old May 24th, 2016, 03:08 AM   #17
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some thing came up and I cant talk at the moment.Talk to you another time,seeyu.
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Old May 24th, 2016, 03:18 AM   #18
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Play the forex. Got 100,000,broker will lend you 10 million.Some will lend you 20 million but I would advise against it. Stock markets suck.Forex trades 24 hours a day.forget all the indexes(nasdaq,fortune 500 bull shit)forex is all you need.Play it short and long.Long(bet it goes up)Short(bet it goes down) Its the only way to range trade.Fck breakout out trading.Unless you are happy waiting a week for a trade opportunity.
I made a bundle in the stock market using market trending for eight years and got out. A few years later I got back in and could only pick losers and got out again and stayed out. I sold my gold and silver when the precious metal market was peaking and got out and never bought gold or silver again. A man has to realize his own limitations and I lost my touch but retired comfortably on past winnings.
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Old May 24th, 2016, 04:02 AM   #19
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I made a bundle in the stock market using market trending for eight years and got out. A few years later I got back in and could only pick losers and got out again and stayed out. I sold my gold and silver when the precious metal market was peaking and got out and never bought gold or silver again. A man has to realize his own limitations and I lost my touch but retired comfortably on past winnings.
I 8 timzed my money playing the aussie stock market just range trading blue chips in 2.5 years, back in 2004.Started with 45000 and 2.5 years later had 374000.
This was playing with my own money(no leverage involved)but greed got the better of me,and I sold everything and found a broker that offered leverage,and markets I didn't fully understand.USA stock market included.
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Old May 24th, 2016, 04:47 AM   #20
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I made a bundle in the stock market using market trending for eight years and got out. A few years later I got back in and could only pick losers and got out again and stayed out. I sold my gold and silver when the precious metal market was peaking and got out and never bought gold or silver again. A man has to realize his own limitations and I lost my touch but retired comfortably on past winnings.
One night I was range trading spot gold,i bought and sold it 5 times in 4 hours for a profit of 29000
What happened next was my last trade(although I am a big advocate of leverage,it was my undoing.)I was long 20 million spot gold(this trade required 200 thousand up front,and another 200 thousand in the account to cover any adverse reactions.(I had the money,and don't forget I had just performed the exact same trade 5 times in 4 hours)

Anyway I went to the toilet came back 2 minutes later and found gold had gone against me to the tune of only 2% but 2% of 20 million is a lot of money.

In 2 minutes I lost 400,000. Some good economic data had come out in the USA,Consumer spending was up 1.3% higher than the market expected.

That made investors jump onto the stock market and exit gold.If I was short i would of made the 400 thousand instead of losing it.
I love trading,but at the moment i am taking a breather,a very long breather.
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Last edited by jetson; May 24th, 2016 at 04:56 AM.
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