Posted on 10/30/2025 7:02:22 AM PDT by SeekAndFind

"I told you he'd understand."
At this moment the money in this world moves towards the most powerful nations and largest corporations.
In this environment the S and P 500 for example looks like a good place to ‘put your chips’.
Day trading for anyone other then major intuitions is a losing proposition.
Anyone who says they make money day trading from home I am Highly suspicious of.
Just buy some stock and hold it.
Moral of the story, as I see it: Don’t day trade. Pick a good low-cost diversified mutual fund. Automatically contribute to it every month.
Set it and forget it.
“Turn those machines back on!”
Elon Musk says he and DOGE found 14 ‘magic money computers’ that create money out of thin air
Good article. It goes hand in hand with trumps speech in South Korea yesterday where he said they are going to come down hard on this kind of manipulation. I hope he implements changes sooner than later because it’s really painful investing in the stock market
Pshaw.
The millisecond trading on slivers of information or dislocation have exactly NO effect on long term investors.
Don’t throw the baby out with the bathwater.
“...Anyone who says they make money day trading from home I am Highly suspicious of....”
I’ve tried it, off and on, over the years with certain specifc stocks...usually highly volatile stuff. I’ve had varying degrees of success and failure with it. I’d guess 60/40 ratio, maybe? Certainly, a better ratio than options trading....LOL, except maybe for selling covered calls on stuff I wanted to unload anyway.
Unless one can stay constantly glued to a live-action screen, even then, it’s pretty much a risky proposition for the most part.
Yeah. I’ve found it much better to just pick stocks of solid companies and holding em for the long haul... But hey, to each his own.
I have known this for years. The Presidents says something and the market drops 500 points purely on emotion. That is why I have been buying more everytime that happens and I am up 19% for the year.
The millisecond trading on slivers of information or dislocation have exactly NO effect on long term investors.
Don’t throw the baby out with the bathwater.
However, I have known a couple of people who claimed to do well on average. Both of them spent considerable time doing their trades.
To me, day trading is kind of like card counting in casinos. You have to be able to absorb considerable losses to make money overall.
I have known this for years. The Presidents says something and the market drops 500 points purely on emotion. That is why I have been buying more everytime that happens and I am up 19% for the year.
You can invest easily in the stock market. Right now, I use Cash App and you can buy and sell as low as $1.00.
I buy in $25-$50 amounts.
I’m heavily invested and the market is heavily shorted/manipulated. Hence my comment
Yes it’s a long term deal.
If the want the fast risk buy lottery tickets.
it’s been like this for over 20 years ... not a thing in that article is new ...
the article is wrong about “milliseconds” ... they’ve been auto-trading in matters of microseconds for at least 10 years using supercomputers and fiber optics ...
Yes I would sell covered calls myself from time to time and I would also sell puts close to the money on stocks I wanted to enter a position on. But in all instances the expiration on the options is a minimum of a week out and more often 30-45 days. The day trading stuff is largely just coin flipping in my opinion. The patterns, volumes etc never seems to be reliable enough for me to take a position on. The only thing that has a halfway decent reliability imo is support and resistance zones.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.