Quote:
Originally Posted by Chicks
So you’re not really an investor at all, you’re a speculator. Sigh. Speculators rarely win, it’s basically betting, not investing. Unless, of course, they have insider help.
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That's bullshit. There are traders that make good money at it and all they rely on are the charts, candlestick patterns, or whatever works for them.
And, shorting is a necessary aspect of the market. Otherwise how would you ever establish the value of a stock if somebody didn't say no, I think it is overvalued.
Subscribing to a real time charting service is expensive and what is really somewhat entertaining in the beginning becomes a job very quickly.
From your post in your case it would be betting and no doubt something you should avoid.