Mumbo-jumbo, waffle, code 1's and other muppetry24 Jul 2020 14:23
I personally don't mind what systems, investment rules or other strategies people follow as each to their own.
What I do object to is the posting of utter cr*p like 'code 1's' as I think is can be very misleading to new investors or those who are easily mislead.
Search out the people on the board who know what they are talking about and consider what they have to say. They are easy to find if you put a bit of time in. They have not been here for just a few weeks, what they say is founded on good research, common sense and fact.
If you are a LTH, make sure you identify who is here for the quick profit (nothing wrong with day trading but not my bag) as their advice is based on a different scenario.
Finally, very few people on the stock market get rich quick...............they are in the minority. If you don't believe me then have a look at IG's home page.............76% of retail CDF accounts lose money. They are required by law to point that out. Occasionally a share like SNG flys but the majority of big winners were here ages ago based on hard work and common sense, mixed with a little luck. Mind you, when asked why he was so lucky at golf, Lee Trevino replied 'The harder I practice, the luckier I seem to get'.
(Everybody's talk of Georgia's being lucky—not good—reminds me of what golfer Hubie Green reportedly had to say about luck: “The harder I practice, the luckier I seem to get.” In 1969 at the World Cup golf matches in Rome, Italy, Lee Trevino is quoted using a version of the expression).