I am loving making money in this market though

Sure you did klansman. The market doubled under Obama and it will do so again.
It's twice as good under dems. Fact
 
The Dude said:
I'm one of those richer than u assclowns.
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Prove it

Look, I hope the market goes up. Right now it would appear that the stock market is discounting the economy going forward, although it might be just taking a breather from the recent run up. The reasons matter not to me. I let the charts speak for themselves. The trend is your friend.

It is quite simple. If the trend points down, I short the S&P. If the trend points up, I go long. See how that works? I used to be a "buy and hold" believer like you, but after the crash of 2000, I realized what a sucker bet that is. You only make money when you sell and take profits. I had to learn a lot of painful lessons along the way, but I am enjoying my trading strategy. Not very stressful and I don't have to worry about the whys or the wherefores. I just let the charts do the talkin.
 
The Dude said:
Prove it fag
Warren buffet is a buy and hold you assclown.
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Prove what?

I tried the Warren Buffett way of buying "value", it was a money loser. Want to know why? Warren Buffett has access to information the rest of us don't have access to. Now if Warren Buffett weren't so fucking greedy and would share that information with us before he even buys maybe I would listen to him. But, he doesn't so I don't listen to him.

Like I said, I have tried many different forms of investing. Buy and Hold. Looking for "value" stocks and buying them cheap with the hope that they couldn't go lower. All losing bets. Then I started trend trading and I have never made more money in the market with less work and less stress. It isn't that hard. You just have to know how to read a graph. And before you start scoffing, I am not talking about predicting the bottom and tops of markets. That is a suckers bet and nobody can do that consistently, but drawing straight lines on charts, even a nimrod like you can do. And to be honest I probably spend more time out of the market than in. It isn't about quantity of trades it is about picking the right spot and riding the trend.

I don't have the time or inclination to pour over income statements and statements of cash flows. I just trade the S&P along with some other ETFs like GLD and SLV. Do I hit on all of my trades? Of course not. I just religiously follow my system and try not to let emotion get involved. Right now the trend is down for stocks. Will it trend back up? I am sure it will. Do I know when? Nope. That is why I have stop losses in place. When it trends up, I sell my short positions and go long.

Rinse. Wash and Repeat
 
I buy fantastic companies and have for 30 years. I studied what millionaires do. I made it to a million a decade faster than the average of 59. I laugh at assclowns who mock buy and hold. Lofl
 
The Dude said:
The stock market does almost double under dems vs repubs. If you we're rich you'd know this.
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So you must be one of those 1%ers I keep hearing about?

You must be thrilled about the increased capital gains you will be paying, but I guess you will say that you are so rich that you don't care right?

Funny how you demalquedacrats always claim to be fighting for the 99% yet you all claim to be part of the 1%. Oh I know you just care right? All that compassion that comes spewing out of you right?
 
Again you don't know shit about the rich. Must be why you desperately try options. It takes way more than a million to be 1 percent. I'm top 8 percent, retired at 52 cause 5 more years and 2 mill still wouldn't make the 1 percent.
 
The Dude said:
Again you don't know shit about the rich. Must be why you desperately try options. It takes way more than a million to be 1 percent. I'm top 8 percent, retired at 52 cause 5 more years and 2 mill still wouldn't make the 1 percent.
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According to OWEfuckface, the top 1% are those who make over $250,000 a year. That is what he keeps saying. Is he lying or misinformed?
 
The Dude said:
I Love America said:
According to OWEfuckface, the top 1% are those who make over $250,000 a year. That is what he keeps saying. Is he lying or misinformed?[/QUOTE
You working stiffs! I'm more worried about wealth than income.
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Well, how do you think people create wealth? They have to earn income first you shitbag.

I would say you are stupid, but you voted for OWEfuckface so it is self evident
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