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Old 10th October 2008, 12:30   #21
Moscow Mule
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Have you considered Gamblers Anonymous?
Why?
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Old 10th October 2008, 12:38   #22
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You shouldn't be buying shares if you don't understand the function of a Market maker.
Can I nominate this for next week's "Out of Thin Air (TM) Village Idiot of the Week competition"?


Anyway, what happens to shares if I sell and nobody immediately wants to buy them? Or do they sit around unsold until someone does?
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Old 10th October 2008, 12:44   #23
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Can I nominate this for next week's "Out of Thin Air (TM) Village Idiot of the Week competition"?


Anyway, what happens to shares if I sell and nobody immediately wants to buy them? Or do they sit around unsold until someone does?
That is exactly what happens. In practice, you'll almost always find a buyer, it just might take some time...
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Old 10th October 2008, 12:47   #24
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Why?
Because you said, "but that's why you have lots of gambles to mitigate that risk."
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Old 10th October 2008, 13:03   #25
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Because you said, "but that's why you have lots of gambles to mitigate that risk."
Not very "compulsive" behaviour is it? Silly jibe.
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Old 10th October 2008, 13:06   #26
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Not very "compulsive" behaviour is it? Silly jibe.
Silly jibe? Well, sort of. But, my POV is that it IS gambling and the idea that "lots of gambles to mitigate that risk" sounds just like a horse racing punter who thinks that there's a System nobody else knows about, or that gambling is, in essence, always going to earn for you in the end. It ain't so.
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Old 10th October 2008, 13:10   #27
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Silly jibe? Well, sort of. But, my POV is that it IS gambling and the idea that "lots of gambles to mitigate that risk" sounds just like a horse racing punter who thinks that there's a System nobody else knows about, or that gambling is, in essence, always going to earn for you in the end. It ain't so.
Your analogy fails as we all know horse-racing is fixed

My point(s) is(are),

You make your gambles low risk by doing your research.
You make lots of gambles at a low value so up to 30-40% of them failing won't cause you to lose overall.

It's not a system, it's common sense. And there are people who make a living from both horses and the stock market.
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Old 10th October 2008, 13:14   #28
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Your analogy fails as we all know horse-racing is fixed

My point(s) is(are),

You make your gambles low risk by doing your research.
You make lots of gambles at a low value so up to 30-40% of them failing won't cause you to lose overall.

It's not a system, it's common sense. And there are people who make a living from both horses and the stock market.
I rest my case.
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Old 10th October 2008, 13:15   #29
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I rest my case.
You case is thrown out at half time as it's unproven.
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Old 10th October 2008, 13:16   #30
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You case is thrown out at half time as it's unproven.
That's a dirty trick and I protest!
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