Trading methods that did not work:
1. First they tell ya to trade the news...
What happens, news events come out that sometimes pop and sometimes drop your share value at unpredictable points, thereby helping you to lose your money. Unreliable skip this method.
2. Then they tell you to learn the technicals:
Study the charts and moving averages, bollinger bands and many other indicators such as RSI, Money Flow, Momentum etc.
Results: you think you know what your doing but in reality many things change a stock pattern that an indicator cannot and will not tell you thereby helping you to lose your money.
3. Then they say study penny stocks and learn level IIs and market makers and how they operate.
Results: This one is the funniest of them all, its like your supposed to be able to predict how a bid is building around your stock and the right times to buy. Meanwhile in illiquid stocks and on any given day a stock can be dilluted huge thereby helping you to lose your money.
4. Then they say study the financing behind penny stocks to help you to learn shares outstanding vs shares in the public float, learn the value of common vs private share holdings. If the stock goes bankrupt the debt instruments associated with private holdings get paid first, but usually at a loss as well.
Results: This method usually leads you down the dilution path as well thereby killing your share price and making you lose money
5. Then they tell you how to time the market watching volume to accelerate and to find optimal buy in points based upon chart patterns... this is the technical side of the markets way to rip you off. comparing overall market technicals to that of your positions.
Results: You will quickly lose your money faster than dilution. hehe
6. Then they tell you well if you need leverage based on a small account size try options for you can make up to 10X your money on a good options bet. Or use options to "risk manage" your holdings of stock shares.
Results: You will lose your money faster than market timing and market dilution of your shares. haha.
7. Anyone noticing a scammy pattern to stock trading/investing yet ??
8.. The most sound advice and yes its still a gamble is to avoid the day to day confusion and mind manipulation involved with coaxing money into positions and find a product or service you believe in that you feel has bottomed or is near a bottom based on the value of the stock compared to the market potential for it.
Then give it time, if its a stock purchasse it may take several years and even with options the safest bet is to play the leaps or 2 year expirations since there are so many ways your share price can cheat you out of your money.
Look for the right W. Buffett quotes here but generally the investors that say they were bad at trading have learned this stuff the hard way. If you want to get your hands more busy than buy and wait take up a sport or start landscaping. Also if you believe in your position and you have not over risked too much capital buy more if it drops alot. otherwise your fighting the daily ticks which are impossible to predict ( do you have a crystal ball, cause even Harry Potters school did not teach them that ).
