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speckledjim1

12,041 Posts.

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18/08/15

08:33

Post #: 15823443
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Originally posted by pisces ↑

This is an interesting discussion . You can only bet what you can afford and doing that with miniscule amounts doesn't disqualify anyone from having a valid opinion or learning about the market with their trading . But I have to say it's only when you bet in large amounts that you truly begin to understand about the market and what it can do . There's nothing like having a large position to get you on top of what a company is up to , nor to teach you how to make a lot of money and conversely lose it . I don't bother if I can't get set in some sort of size these days and for me that helps to weed out the majority of companies where most people seem to confuse research with guesswork.. It's a lot easier to go with the guesswork if you're only putting a little amount in.

But whether you're a small player or a bigger player I respect anyone who makes consistent money from the market year on year. That's the true test ,the test of time ,consistency and longevity , achievement of your goals whatever amount that might be.

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Fair enough
I remember I had a client who was a single mother with M.S. And not much money Who wanted to buy shares for her kids to leave them something
She bought Dioro. From memory they then spun off a bit of their business into Ellendale diamonds and both ended up being taken over at big premiums to what she paid
It was very satisfying, it meant so much to her
I still think of her from time to time
12 Upvote

0 Great analysis

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