Spread betting for dummies

[Horse_Apple]

coyft said:

Horse_Apple said:

The price reflects 100% everything that is known, is the way to look at it.

Why assume that, when it is obvious it isn't true?

Because it is true. The price is a reflection of everything that is known and the general consensus of what will happen in the future.

[Horse_Apple]

coyft said:

Retard said:

coyft said:

Horse_Apple said:

The price reflects 100% everything that is known, is the way to look at it.

Why assume that, when it is obvious it isn't true?

Because if one person knows the truth, then if rational they will continue buying/selling until the market reflects the correct price.

Investing doesn't need to be this complicated. Just pick an area you are expert in and stick to it, it's really that simple. The OP has shown 400% growth by sticking ti this strategy.

Correct. But people don't stick to what they know. They listen to people who know F all, they punt in size they can't afford, they don't close out when the going is good, and for the most part never even have any understanding of the product they are trading.

That's us humans for you. That's why people make a fortune selling 'how to trade' courses which are utterly worthless. That's why people invest in worthless paper after getting a call from some spiv sitting in Barcelona.

Ans most importanly of all, that's why people go looking for amazing trading systems that will make you a fortune.

Until you sit down and analyse yourself and understand who and what you are then you can't make safe steady trading returns. Any system has to be entirely yours and built around the way your brain works and your attitudes and then must be fluid to move and change and evolve as the market evolves.

No purchased system can ever do that which is why they don't work, which is why the creator doesn't keep them.

As you said, the best way to reduce your risk is to specialise. To me, it is rule number one.

Edited to say: Actually, rule number one is: Do it with someone elses money

Edited by Horse_Apple on Wednesday 5th December 11:19

[Retard]

coyft said:

Retard said:

coyft said:

Horse_Apple said:

The price reflects 100% everything that is known, is the way to look at it.

Why assume that, when it is obvious it isn't true?

Because if one person knows the truth, then if rational they will continue buying/selling until the market reflects the correct price.

Investing doesn't need to be this complicated. Just pick an area you are expert in and stick to it, it's really that simple. The OP has shown 400% growth by sticking ti this strategy.

I don't doubt that one could acheive 400% growth (surely 300% from given figures ) from risky tech stocks, heck I think even the Nasdaq index had 200% growth for a year or so during the tech bubble, but I stick by my assertion that you need to understand why you "can't" do it before you try to.

[Horse_Apple]

coyft said:

Retard said:

, but I stick by my assertion that you need to understand why you "can't" do it before you try to.

That makes no sense whatsoever.

I think it means understanding all the pitfalls and dangers well ahead of putting any money on the line. Something which most people don't do when it comes to trading on margin.

[Retard]

coyft said:

Retard said:

, but I stick by my assertion that you need to understand why you "can't" do it before you try to.

That makes no sense whatsoever.

How can it make no sense? Always look for why you're *wrong*.

[Retard]

coyft said:

Retard said:

coyft said:

Retard said:

, but I stick by my assertion that you need to understand why you "can't" do it before you try to.

That makes no sense whatsoever.

How can it make no sense? Always look for why you're *wrong*.

Why would you be wrong if you were investing in businesses that you had a great deal of experience in?
Chances are you would be right more often than wrong. I'm not talking about "trading", I'm talking about
investing for the long term. As far as theories go, don't bother reading any of them, just read the annual
reports from Warren Buffet, it's all there.

It doesn't matter why you would be wrong. If there's evidence that you may be wrong, then intellectual honesty requires that you examine it.