Thursday, September 24, 2015

stok tots (24 sept 2015)

stok tots ...

on buying stoks ...

why do people buy stoks?

people buy stoks on the expectation that other people will buy stocks at higher prices .. so that upon reaching higher stock prices ... stocks will be promptly sold thereby gaining trading profits

why do stock prices move up?

when people buy stocks at higher prices on the thought that other people will buy stocks at even higher prices ... and that there are sellers willing to sell at higher prices

reasons like: a company has good fundamentals ... that there is good news to be disclosed ... the stock is undervalued ... these have no actual bearing on why stock prices move up ... everything is really hinged on peoples sentiments and expectations ...

"gurus" ...

"pretend gurus" should be seen for what they really are ...mga manloloko ... who foretell stock price movements as if they really know what they are talking about ... but thats ok ... we know naman that there are snakes in every jungle ...

... just that i have no respect for people who really think there really is "something" to predict (altho this "hula" may turn out to be right later on)  ... when these are simply hula based on pseudo scientific voodoo mumbo jumbo ...

but there are "gurus" who really believe in what they are telling their "followers" .. well they are manlolokos who do not know that they are manloloko ..  they are simply fools

how to explain that there really are people who make money in trading (and one does not even need to be right in every trade .. just be net positive overall) ?  ... the reason is they have the long term odds on their side and malakas ang loob nila to actually make bets by trading .. and these also include "gurus" (the pretend variety and the foolish ones)