Just listen to what the market is telling you. When commodity prices go higher the market does as well. It is counter intuitive but don't manipulate the market, just trade to benefit your portfolio.
no tumbling stock markets, no end of the world......sorry
Started by
andr99
, Sep 14 2023 12:09 PM
15 replies to this topic
#12
RadioHead
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Posted 14 September 2023 - 02:54 PM
The exact opposite: traders are sheep. The market represents the dogs.
#13
pdx5
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I want return OF my money more than return ON my money
Posted 14 September 2023 - 04:03 PM
I agree. Charts are bullish. Everything else is pretty much bullish too.
Cumulative inflation since Biden took over is at 17%
Stocks must advance 17% just to keep up with inflation.
Actually stocks have to advance more to pay for capital gain taxes for same buying power of your investment.
The house I bought for $272k in 2019 is now getting offers north of $400k.
Edited by pdx5, 14 September 2023 - 04:07 PM.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#14
12SPX
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Posted 14 September 2023 - 04:08 PM
That's it omg where, I'll buy it lol!!
#15
pdx5
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- Traders-Talk User
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I want return OF my money more than return ON my money
Posted 14 September 2023 - 06:40 PM
That's it omg where, I'll buy it lol!!
Florida on Atlantic coast. My house is the cheaper in my subdivision, 1600 SF.
you can buy 2000 SF for 475k.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#16
linrom1
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Posted 14 September 2023 - 08:18 PM
Everything is manipulated all the time. How else will BLACKROCK, STATE STREET, and VANGUARD that control something like 65% of all stocks make money?
