Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: catfish1957
"system favors the house"

That's true in the gaming industry as casino patrons knowingly pay for entertainment services provided by the owners.  The charges come out of patrons' wagers as agreed.  

Let's decide that the market is for working adults and no place for fun'n'games.  I enter the market with my eyes open and make my choices of my own free will, I'm a satisfied customer for what I buy and I'm grateful for my customers' business when I sell.  If the market is 'rigged' at all then it's us guys buying and sell who're doing all the rigging.  I mean, we're the guys who set the prices and all.

73 posted on 04/02/2014 5:47:11 PM PDT by expat_panama (Arguing with those who have renounced reason is like giving medicine to the dead. --Thomas Paine)
[ Post Reply | Private Reply | To 71 | View Replies ]


To: abb; Abigail Adams; abigail2; AK_47_7.62x39; Aliska; Aquamarine; Archie Bunker on steroids; ...

Nothing new today, everything's just like it was yesterday.  News:

Stocks Finish Higher After Data  U.S. Market Stocks rose Wednesday following mixed economic data. Automatic Data Processing's (ADP) March private-sector employment report showed 191,000 jobs were created, falling just short of the expected ... Morningstar

World shares rise on China stimulus, US hiring  World stock markets were mostly higher Thursday as investors took heart from new stimulus in China and evidence of stronger U.S. hiring. Gains were modest, however, in early European trading, as markets ..

Treasurys extend fall after ADP payrolls report NEW YORK (MarketWatch) -- Treasury prices extended a fall Wednesday, pushing yields higher after a report showed the private sector added 191,000 new jobs in March. The prior month's gains were also revised ... MarketWatch

The Wealth Gap in America Is Growing, Too It’s not just the income inequality between America’s very rich and everyone else that’s at issue. There is also a significant wealth gap as well.

The New York Times Hulbert: A Great Second Quarter Is Still Possible The first quarter was a real dog for the market, but that doesn’t mean the second quarter will be as well. Mark Hulbert joins MoneyBeat to break down the charts. WSJ Live


74 posted on 04/03/2014 3:33:47 AM PDT by expat_panama (Arguing with those who have renounced reason is like giving medicine to the dead. --Thomas Paine)
[ Post Reply | Private Reply | To 73 | View Replies ]

To: expat_panama
I agree expat. And I take a similar approach to my investing. I am not a day trader, and use the market to make sound investments that grow, not to throw the dice and make quick profits. I macroscale my strategy looking at months and years versus hours and days. I hate paying brokerage fees, except when I have to.

My "house" comments come from the process that large institutions have the ability to make those millsecond trigger calls where they can invest, and profit on the smaller player's slower moves. Huge moves skimming pennies a trade can add up pretty big. Fair?., probably not, but it is probably more of a competitive advantage (scale and technology) versus the claim of rigging.

Again since I don't I don't day trade, this doesn't bother me that much. 8 transactions a month is a pretty busy one for me.

75 posted on 04/03/2014 5:36:37 AM PDT by catfish1957 (Face it!!!! The government in DC is full of treasonous bastards)
[ Post Reply | Private Reply | To 73 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson