Bobko
13 Mar 2023
Off-Topic / Stock Market and Trading Talk [1011]
Even a broken clock is accurate, twice a day.
If you bought something he recommended, and simply sat on it - you're 95% likely to have done well. This is because we have just finished living through one of the strongest bull markets in the world's history. Due to nonstop quantitative easing by governments in North America and Europe, stocks have benefited disproportionately. Making rich people richer, and poor people just about as poor as they always were.
However, if you actually did what Johnny suggests with his daily advice of moving stuff around, you would have likely only hurt yourself. Being a day trader in general is a joke, for 99.999% of people. The information asymmetry between an average Joe day trading and a market maker who sees the entire picture is just too great. You're being fleeced by experts, every step of the way.
P.S. - for the paranoid goons around here, I do not work for a market maker firm, and the above is not financial advice. The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in my post constitutes a solicitation, recommendation, endorsement, or offer by Bobko or any third party service provider to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
Dunno Bobko, I followed his tip and it paid off
Even a broken clock is accurate, twice a day.
If you bought something he recommended, and simply sat on it - you're 95% likely to have done well. This is because we have just finished living through one of the strongest bull markets in the world's history. Due to nonstop quantitative easing by governments in North America and Europe, stocks have benefited disproportionately. Making rich people richer, and poor people just about as poor as they always were.
However, if you actually did what Johnny suggests with his daily advice of moving stuff around, you would have likely only hurt yourself. Being a day trader in general is a joke, for 99.999% of people. The information asymmetry between an average Joe day trading and a market maker who sees the entire picture is just too great. You're being fleeced by experts, every step of the way.
P.S. - for the paranoid goons around here, I do not work for a market maker firm, and the above is not financial advice. The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in my post constitutes a solicitation, recommendation, endorsement, or offer by Bobko or any third party service provider to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
