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dmedin

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Posts posted by dmedin

  1. 16 minutes ago, DSchenk said:

    yet another strategy.

     

    None of them work consistently.  You get occasional days when everything goes strongly up or strongly down so you make money, but the rest of the time it's just random up and down and losing money.

    I've made several thousand pounds this year during strong trending moves and lost it all and then some.  If I'd restricted my trading to those strongly trading days only I would have made an awesome return this year.

     

    • Like 1
  2. I put money into an S&P 500 ETF in 2018, and took it back out again the next year.

    According to https://dqydj.com/sp-500-return-calculator/

    The annualized return on S&P 500 ETF from September 2018 to September 2020 is 7.700% (not including dividends)

    Not only is 7.7% decent for a no-effort strategy (when the best savings account you can get is less than 2%) but it would represent a big return instead of a big loss from active trading.  

    It also doesn't include the dividends, but those get eaten away by IG's fees anyway.

     

  3. Keep being told that there are trillions of dollars sloshing around looking for yield.  Which means 'investors' already have lots of money.  They're just keeping it in cash.

    Any suggestion of taxing some of their trillions and using it to stimulate aggregate demand is billed as 'raiding' or 'stealing' from the wealthy.

    So we know who is in control of the system.

    • Like 1
  4. 3 minutes ago, 786Trader said:

    The present market conditions suggest the need for stimulus to keep the engine of commerce moving

     

    That's a very peculiar way of saying that the government needs to help millions of jobless people with no savings who are on the brink of homelessness.

    • Like 1
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