I've spent the last two weeks writing tutorials to help people make fast money from the stock exchange. It isn't like this is any secret, or that it is a rare occurrence. You only need to mention words such as shorting, short trading, swing trades, to make many long time investor's mouth drool.
However, as I was writing these, a small voice kept niggling in the back of my head "Money on the stock exchanged is not won or lost - just moved."
Can I make $100 000 in a year. Yea, but could I live with myself? I could ride fake bull markets until I hit 10 points and bail, leaving poor schmucks who are only investing because their pension isn't covering their bills to take the loss.... ie - I could scam innocent bystanders and pick their pockets.
I wouldn't rob a little old lady 'face to face' - but he money I win has been lost by someone else.
As the recession/depression approaches in 2008/2009 - and the stock networks are already preparing to turn swing trading into millions of dollars (and probably expediting the crash) it makes me wonder -
"If you know how to get rich - at any cost - would you?"
Thursday, November 22, 2007
If You Knew How to Make a Million - Would You?
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