Stock market is Gambling , Talk is Cheap and anyone can see a stock go up 300 % and say i invested and bought at the bottom & sold at the top. Dan has been the only one who has put his money where his mouth is and even went as far as to post his positions & trades .

Hahaha.

Might want to re-read some of this thread. I’ve posted some of my positions.

Anyways I’ll keep my stock opinions to myself.

good luck everyone

I like reading your opinions and everyone else so please do not stop sharing. I have "invested" in some of the info from this thread. I truly believe a good stock pick has way more potential than a lottery ticket. If someone want to call it gambling Im ok with that to.

Been "gambling" for over 40 years now--and really never bet a dime in a casino where the house takes roughly 10%.

My form of gambling:" The S&P 500 index is one of the most popular equity indices to represent the US Stock Market. (Face of American Market) The index has generated around 11%-12% annual average returns based on S&P 500 historical data in the last 93 years (1926-2019)."

Retired and went to buy a center console to run around--deliveries are into next year for most companies.
A truck--only 1 crew cab Super Duty 7.3 in 100 miles.
A retirement home--They rarely make it out of the listing office and are paid in cash.

I thought the economy was supposed to crash and we were going to be living in abject poverty???

You boys want to gamble....? Buy a farm. You have no control over the input costs, or the weather. Not even the price you get for your commodity at harvest time. The Chicago Board of Trade decides that, even though the world needs your commodities to live.

I guess it's human nature to condemn or put down something that you don't comprehend - but wish you did.. It's natural for people who don't understand what makes stocks move to relegate stock movements as random and unpredictable, and label anyone who tires to capitalize on their movement as "gambling." Like any other business there are people with the combination of skillset, work ethic, and sheer grit and determination that brings them success in a field where others fail. Trading stocks is no different than any other competitive industry, with the exception that there are very low barriers to entry - other than fear of losing your money. Most any profession is intimidating if you don't know what the hell you are doing and competing against people who do.

I've traded stocks fulltime for a living (my own money) since 1995 and I assure you that trading stocks is a craft. A craft that can be learned and honed, and capitalized upon immensely when the conditions are right. Within that craft there are masters that make it look all so easy, and loudmouth hacks that are gone the first time the market turns south - and everything in-between. Just like every other profession. But I assure you there are thousands of people who consistently make a good living in the stock market. If you know what you are doing trading stocks is calculated risk - not gambling. But you have to put in the hours. It's a grind. A well paying grind but still a grind. .

Investing is a combination of luck, timing, art and science. Yes you can lose money, but you have better than 50/50 chance of making money if you are paying attention. I like to watch stocks and see if they have a pattern and try and buy when they are in their down cycle. You can make money or at least increase your potential to make money. I have jumped out of stocks when they start heading down and waited until they hit bottom and jumped back in. Trying to say that investing is like gambling is naive. Gambling you get one chance to win or lose everything. In stocks you at least have some equity up or down. I have invested in some stocks that are tanking right now, but I have done my research and the companies are doing the right things and it's just a matter of time before the stock price catches up. You have to do your homework. Don't just take someones word about a stock, check it out for yourself before you put money in. It also depends on how much time you put into monitoring what your investments are doing. When I wasn't watching closely I was in funds that were less volatile. When I got into penny stocks, I set up a dedicated laptop that sits on my desk with my stock tracking software running. You may need to jump in or out on a moments notice. This isn't easy, it takes a strong constitution to watch your portfolio go up $1,000,000 one day and go down $850,000 the next. Sometimes those numbers are reversed. If you know what's going on with the company your invested in, makes all the difference. Not watching closely can cost you a lot of money, I've thought long and hard about quitting my day job just to pay closer attention to my stocks. I'm in some extremely volatile stocks and because I wasn't watching close enough I lost $2,000,000. Now I have to make that back.

and very easily manipulated.......pump and dump!

New SEC rulings have really changed things. I have seen volumes go way down since the changes took effect. But as others have said penny stocks are very volatile, as a matter of fact volatile doesn't describe it. It's not for the faint of heart. It's like boating on the great lakes, one minute the lake is fairly calm, the next you're in 10'-12's. You better be prepared either way and you better know your boat or you're dead.

Surprised this thread died off. My new "job" is self managing my IRA.
My best performers the last week have been VSTO and AVNW and SHOP
Lost my A$$ on MARA and RIOT
IGT is looking good