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It’s a shitty advice (the one about not playing, not the one about not buying shorts). The winning move is to have diversified longs with long horizon. That’s a
by azan_ 2mo ago
It’s a shitty advice (the one about not playing, not the one about not buying shorts). The winning move is to have diversified longs with long horizon. That’s all it takes to participate in profits from “rigged” system.
- runarberg 2mo agoI disagree. The winning move is to organize, and stand as workers in solidarity against the owning classes, engage in direct action (including boycotts and strikes) until the ruling class changes the rules in our favor, or better yet, abolishes this godforsaken economic system of capitalism in favor of a system that rewards workers and not our exploiters.
- echelon 2mo agoThe winning move is to continually deliver value and realize when the market wants something else than what you have to offer. Instead of blaming others, improve yourself and your station. Life is too short to spend it putting up road blocks. Create a new, shorter circuit path instead.
- azan_ 2mo agoHistory clearly teaches us that it’s a losing move.
- frollogaston 2mo agoOr in general, short-term strategies don't work unless you've got the insider info
- sdcfgy 2mo agoI don't know about that. I made a fair bit every time Musk opened his face hole.
- frollogaston 2mo agoAnd I made a lot off oil futures in high school thinking I had a plan, but it was just gambling
- sdcfgy 2mo agoWell there's gambling and trading on sentiment, the latter of which I'm rather experienced in.
- chasd00 2mo agoYeah, to paraphrase an old quote “the best way to make a small fortune doing active trading is to start with a large fortune”.