[quote=“6d6b73, post:38, topic:2119”]
And forex is not speculative?.. Forex just like Bitcoin and other “coins” is even bigger casino than stocks are.[/quote]
Not the way I do it. Trading is one way to make a living when you’re out at sea. You come across angry and with a closed mind. I don’t talk about trading very much on here but I will do so now for your benefit. The link below will download 15 monthly broker reports, (like a bank account statement for investments). The monthly reports are all zipped up for easy downloading. Open it and you will find over 3000 trades with one loss, I think in Aug. Over 300% total profit and it was done in 2008-09 during one of the worst financial crashes in history.
Your restrictions were that the stock must be on the stock exchange, which one? Include over-the-counter exchange? Just US? No private offering? There is another way to learn about investment into seasteads without violating SEC rules, members of an investment club may be taught how and where to find these things.
Actually your restrictions make my antenna’s go up. It’s what a Fed would say. But I’m in the clear here. I don’t trade within the US. You see, those records started in April. I knew about the computer programs that give the brokers the edge but I did not know that they could watch for someone winning all the time. By August 2008, there was an announcement from the CFTC (Commodity Futures Trading Commission) that there would be a new rules change in one year and they were taking comments from traders. I protested but was basically told it was happening no matter what the citizens thought. The rule change was that you could no longer close a newer trade if you still had an older one open. It was called first in first out or FIFO. The other restriction added was to eliminate hedge trading. And what a coincidence, those are the two things that my computer program used.
The Federal Government shut me down with their rules. And let me add that the United States is the only country in the whole world that has those restrictions to forex trading. They stole millions in sales of my program to Americans. They pissed me right off. Now I am working to make my own country, a place where the government isn’t in bed with the banks, and making a seastead is the best way to get there. And I have all the motivation I need. The bastards didn’t even offer to by me out. It’s been 8 years and I am still pissed.
Mariusz wrote, “because more often than not people here are much smarter than me” Experience teaches us that it is often smarter to keep our knowledge to ourselves until we can better understand the situation. You can’t fault people living in the US from being a little cagey.