oh dearie me, you really do know nowt
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Tesla sales crash
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Go on give us your insight all 24 million holders win enough to keep up with interest rates .
I like everyone else know you are a liar about your bonds so will just carry on laughing away at you Walter
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I think previous studies in the topic have shown the only reliable way to consistently do well is to use insider knowledge. i.e. cheat.Most investors don’t succeed in beating the market, so I rather doubt amateurs do
“Basically, over long periods of time, only about 1 in 20 actively managed mutual fund managers beat the market. Bogle's work has pointed out that on the rare occasions when they do beat the market, it's only by a little bit. But when they underperform the market, it's by quite a lot.”
Investment Managers Don't Beat Markets (Why Index Funds Are the Best Way to Invest in the Stock Market) | White Coat Investor
Many investors, even white coat investors, think they or their money manager can beat the market. Here's why they're all probably wrong.www.whitecoatinvestor.com
Or take advantage of some form of structural advantage of course.
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I've already posted why that's intended to be misleading, and it's wrong.Most investors don’t succeed in beating the market, so I rather doubt amateurs do
“Basically, over long periods of time, only about 1 in 20 actively managed mutual fund managers beat the market. Bogle's work has pointed out that on the rare occasions when they do beat the market, it's only by a little bit. But when they underperform the market, it's by quite a lot.”
Investment Managers Don't Beat Markets (Why Index Funds Are the Best Way to Invest in the Stock Market) | White Coat Investor
Many investors, even white coat investors, think they or their money manager can beat the market. Here's why they're all probably wrong.
It beats me why people keep saying in effect "it can't be done". It's a sort of dumb ignorance.
I was in the middle of that trade when I posted the graph above.
Here's the rest of the day:
So that's a move on the stock of $400.
I explained the numbers above.
So if for example, some random bloke on the internet used an account of 80k like he's said before,
he'd come out with 80 x $420, innit. Less 45% tax. (Or avoid the tax using SB, a different method).
Yes, sure, the first time you punt 80k you need to be wearing a nappy, but once done a few times it's just the winnings account so it doesn't feel like it's your money. You practice first in a demo account, no money, then you use 8 quid, say; add the zeros later.
In the ISA you can't use the same sort of trading account, so you use ETFs. The fund for the above, SQQQ, moved from 64 to 77, which is a gain of 20%, which is coincidentally a gain of about the same as the market made - in the past entire fking year. In an afternoon. You know, that market which can't be beaten. Can you do that every day, no, but it was today and it's not exceptional. And no tax.
NO clairvoyance required. In ths case it was obvious, but I watch a pro trading live stream on Youtube., where they say "What we're going to do is", and you copy.
This was the part of the note on X posted at 1.08pm. TQQQ is a different version of the same "instrument".
("HOOD" mentioned there would have worked too, it yielded 35% in the account type I use. Could not have been used in an ISA though).
The good bit is, it'll probably all go back in the next week or two.
So no more silly misinformation from Notchy or JohnD please.
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It’s rarely zero sum game.
You haven’t shown it is misinformation.
I notice Justin always talks about the trades he’s made money from……we never ever see in his thread what his actual portfolio growth actually is overall…..I bet it’s nothing like he claims.
His entire thread seems to be Justin Passing posting about how clever he is
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It’s all about risk. You can invest in a balance of trackers and have low risk, you can tweak the risk up a bit e.g. some tech heavy trackers, you can use the algorithmic approach and trade on rolling averages or you can do as my youngest son does and take random punts which are very high risk but seem to be performing well.
Few actively managed funds outperform the market, but all have higher fees than you could achieve using traded funds
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If you don’t have a squeaky bum moment when you are trading 100k. You’ve not understood the risks.
Did somebody say that?
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I', showing what you - everyone - could do, if you ever wake up.
Yes not every trade goes as you want it to, but there's this clever thing you can do. It's called "close the trade".
You simply terminate the position. It's not a horse race.
You might get a few which cost 2-5 compared with the one you let run for a positive 100. If it's a lower likelihood you can start slow, and add at a rate which still leaves you positive if it stops.
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I just did.
If you only put a misleading or irrelevant quote in, I'd call that misinformation.
It's like someone says cars are useful to get yourself about, and you and JD trot out statistics on car related deaths. It's dumb trolling.
I've already shown how JohnD's quoted index, or the S&P. index, have been crappy and trivial to beat.
If you want to see what active traders bring in, look at SMB capital or watch TraderTV. Trading on what's called a "prop floor" ie a pro hedge fund co or simialr, is relentlessly demanding. They expect you to make practically all the profit you could have made in hindsght, on a day. If you can't, move over, there are plenty who can. I couldn't.
There are no funds I know of which are called nything like "Best gain possible". Fund managers don't aim for that. All the funds are restricted in some way, to Tech, or USA, or Emerging markets, or Money Market highest possible quality fund.. So if you ask how many of those managed funds beat the average, you're being daft. They aren't set up to do that. You're ignoring "risk" and "volatility".
Nope, that's your sneering ignorance in the way again. What did I just show you? I was using premarket chatter, predictions form Bloomberg, and the Youtube stream I watch, as I showed. Which is the clever bit? Not there.
I've already told you why magazines like to post stuff like you quoted.
I guess doing it successfully needs abilities I haven't measured. The average person's simple maths ability is pretty low.
You have to not be relentlessly stupid. There's a guy who posts in the Stockmarket thread who loses most days. When I look at what he's doing, he's breaking and ignoring the most basic of advice and I can't tell you why. Hangup?? Hubris??
Most mistakes of trading are psychological.
You're stillthinking in horse-race terms. Why? Just trolling I guess.
What would be the point of posting a trade where I lost 2%??
There was one posted where I dropped £1k on one purchase in one day through being careless, last week. So that's a lie.
Mostly I post ones where they're simple, predictable, not needing much knowledge to understand.
More than you have though, evidently.
Well I posted how the bank accounts grew and showed evidence of the first few £100k when I started, so that's a lie.
Why would you bet it's not true - I haven't claimed anything remarkable. It's just your sneering jealous(?) attitude in the way. WHat figures are you challenging? Or are you just trolling again?
You've just seen 40% made in one day. 2% a day is 172x in a year. Work it out for yourself.
Look at the fate of the funds I've been quoting.
I've been more conservative on eg my wife's accounts so they've grown less, but still better than JD's FTSE, currently at only 10% over the past 12 months.
Have YOU understood the risks??
It works like this, typically.
Not much emotion, it becomes just a number. It's winnings, money from the "float" if you like. When the pot I'm using goes over 80-100, I take the excess off to long term. If you get a load of small losses in a row then yes it's annoying. Go away and have a cup of tea.
If you open a position with 100, what's the worst that can happen? If it starts off backwards, you can Close at some number like -2, or consider how far you expect it to go the right way and maybe hang on and avoid the sell/buy loss.. As I keep saying, it's not like a horse race.
The normal thing is to plan a trade, with a risk/reward set out, then it's "mechanical".
Here starteth the lesson: see the trace below
You arrive during the uptrend, yellow arrow heading north east.
You want to enter "With The Trend".
You know from previously that the next Level is where the red dotted line is. (or you can calculate it - that's getting technical though)
But it could change direction.
So you wait
You see the peak, yellow, circled
You wait for a bottom
bearing in mind the previous pullback, not marked but at the bottom left corner, wasn't very big.
(You might try at the the green after the tall red, by the comma on the background. Or you could take a punt and enter at the bottom of that long red wick below the candle. But ignoring that....)
You have the tall red candlle as evidence, at the comma on the background.
You see a few candlesof sideways "consolidation" (blue)
You're expecting the trend to continue. You can look at various things to support that, like other shares, or the Volume, or other indicators they give you.
So when the price goes to the bottom of the consolidation (blue ), (which it does 3 times), you enter. The third bottom would be more sure than the second. The Stopout (below, = a loss) and Take Profit levels are explained in the red and green boxes. You call that a risk/reward of 3.32, which is OK. I chose the 5.68 level as the lowest because of that previous wick.
You can either rely on your mouse speed or set hard auto-limits
If you want you can close from the second bottom if you took it, when you get the two green with the same tops, which indicates a reversal is likely. You'll have a small profit. Then you repeat, and the next time the rise continues. You win (116.2-108.12) % which is 8%, = great.
So whatever opening "size" you use, you are very unlikely to lose much of it. See?
If you lose -2.5% which is where your stop is, so be it. In practice you can usually see it coming and get out earlier than that, and if it's just a "wick" then it'll come back so you let it run.
That's an absolutely normal pattern. The candles could be week day, hour, minute...
As it happens these are WEEK, but it would look the same on a 1 minute, with a smaller price change..
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I wouldn't buy JLR...
The Ingenium engine is woefully unreliable.
LR cars are nicked left, right and centre.
Just.....why would you?
The Ingenium engine is woefully unreliable.
LR cars are nicked left, right and centre.
Just.....why would you?
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And the warranty service is sh1t. Go a couple of 100 miles past your service and they won’t cover failure. They back down if you sue them though.
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Yup. looking for an SUV not too enormous. Evoque would be OK though it wouldn't get used much.
But when needed we want it to
1) still be there
&
2) work.
So that's out, then.
But when needed we want it to
1) still be there
&
2) work.
So that's out, then.
Shame as, once upon a time, jaaag engines were reliable, powerful, and sublime.
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In the days of Bill Lyons, maybe!
