if you win, you repeat, if you lose, you double your bet.
wash, rinse and repeat until you win....
then go back to the table minimum...
you can't lose with this method.
Bullshit.
in theory it works. problem is, even if you start at $5, the 10th wager has to be $2,560 putting your total wagers at $5,115. if you win that 10th spin, you net $5
if you win, you repeat, if you lose, you double your bet.
wash, rinse and repeat until you win....
then go back to the table minimum...
you can't lose with this method.
Bullshit.
in theory it works. problem is, even if you start at $5, the 10th wager has to be $2,560 putting your total wagers at $5,115. if you win that 10th spin, you net
They have these two little green squares that...ah nevermind.
You arent going to beat the market unless you get very lucky. You also have to beat the fees from whichever service is executing the account.
The only time I bought short-term is in 2008 when we bottomed out (GE, BoA, Citi, Fortune Brands, BP, Tim Hortons, Walmart, McDonalds). Basically doubled up and sold off last year.
Youre best off (especially if you arent learned) gobbling up mutual funds for the long-term. 401Ks and IRAs are great for the tax benefits. Let others manage the investments who know what they are doing. Theoretically, you will be gaining on average as to what the market gains year-to year.
If you want to 'gamble', I would suggest paper trading for awhile first, learn the ropes and hope to get a read on things.
Also be aware of a lot of sketchy "information" and "advice" out there
You arent going to beat the market unless you get very lucky. You also have to beat the fees from whichever service is executing the account.
The only time I bought short-term is in 2008 when we bottomed out (GE, BoA, Citi, Fortune Brands, BP, Tim Hortons, Walmart, McDonalds). Basically doubled up and sold off last year.
Youre best off (especially if you arent learned) gobbling up mutual funds for the long-term. 401Ks and IRAs are great for the tax benefits. Let others manage the investments who know what they are doing. Theoretically, you will be gaining on average as to what the market gains year-to year.
If you want to 'gamble', I would suggest paper trading for awhile first, learn the ropes and hope to get a read on things.
Also be aware of a lot of sketchy "information" and "advice" out there
They have these two little green squares that...ah nevermind.
yeah...they decrease your odds.....but in theory....a black or red is going to come up sooner or later.
there was actually a family that would go to casiono's and record the number on every spin on a single table...and then input the data and look for table patterns. they have been banned from mutliple casino's.
They have these two little green squares that...ah nevermind.
yeah...they decrease your odds.....but in theory....a black or red is going to come up sooner or later.
there was actually a family that would go to casiono's and record the number on every spin on a single table...and then input the data and look for table patterns. they have been banned from mutliple casino's.
i've always wanted to try this.....
Table patterns. The next time you want to play roulette can I play the house?
They have these two little green squares that...ah nevermind.
yeah...they decrease your odds.....but in theory....a black or red is going to come up sooner or later.
there was actually a family that would go to casiono's and record the number on every spin on a single table...and then input the data and look for table patterns. they have been banned from mutliple casino's.
i've always wanted to try this.....
Table patterns. The next time you want to play roulette can I play the house?
Table patterns. The next time you want to play roulette can I play the house?
Garcia-Pelayo
look it up.[/quote]
He analyzed supposed "imperfections" in roulette wheels. That's feasible. He didn't devise a formula "to beat" the game such as counting cards in BJ. This is no different than the computer programmer that developed the random number generators for keno and slot machines (I think his name was ROn Curtis)and knew it's totally impossible for a computer to actually produce random numbers and was convicted for theft. Someone may be able to develop a system to beat the way a game is delivered, but roulette with a perfect wheel, perfect balls, etc (which I'm sure all of the major casinos monitor that quite well) is unbeatable over the long haul.
and down to 14 cents. been great if you bought last year and sold at 45 cents....but at 45 you are going...dman...it's going to go higher....i'm holding...then it craps...and you think...ahhh, it'll bounce back...and craps some more....and then you are even again.
penny stocks are sucker bets....
fyi, if you go back to 10/31/12 when y ou first mentioned it...my selection of GE has out performed MJNA by 7%, plus it made 3 dividend payments that are worth roughly 3% of that days stock price, or a total return of 10%
Comments
in theory it works. problem is, even if you start at $5, the 10th wager has to be $2,560 putting your total wagers at $5,115. if you win that 10th spin, you net $5
They have these two little green squares that...ah nevermind.
You arent going to beat the market unless you get very lucky. You also have to beat the fees from whichever service is executing the account.
The only time I bought short-term is in 2008 when we bottomed out (GE, BoA, Citi, Fortune Brands, BP, Tim Hortons, Walmart, McDonalds). Basically doubled up and sold off last year.
Youre best off (especially if you arent learned) gobbling up mutual funds for the long-term. 401Ks and IRAs are great for the tax benefits. Let others manage the investments who know what they are doing. Theoretically, you will be gaining on average as to what the market gains year-to year.
If you want to 'gamble', I would suggest paper trading for awhile first, learn the ropes and hope to get a read on things.
Also be aware of a lot of sketchy "information" and "advice" out there
i agree with a lot of this, but i still enjoy it.
i'm a buy and holder
yeah...they decrease your odds.....but in theory....a black or red is going to come up sooner or later.
there was actually a family that would go to casiono's and record the number on every spin on a single table...and then input the data and look for table patterns. they have been banned from mutliple casino's.
i've always wanted to try this.....
Table patterns.
Garcia-Pelayo
look it up.
Garcia-Pelayo
look it up.[/quote]
He analyzed supposed "imperfections" in roulette wheels. That's feasible. He didn't devise a formula "to beat" the game such as counting cards in BJ. This is no different than the computer programmer that developed the random number generators for keno and slot machines (I think his name was ROn Curtis)and knew it's totally impossible for a computer to actually produce random numbers and was convicted for theft. Someone may be able to develop a system to beat the way a game is delivered, but roulette with a perfect wheel, perfect balls, etc (which I'm sure all of the major casinos monitor that quite well) is unbeatable over the long haul.
in a perfect world, we wouldn't need landminds
http://blogs.barrons.com/stockstowatcht ... approvals/
did you buy it?
when you first posted it, it was at 14 cents, now at 12.3 cents.
losst of 12%
i ended up sending the cash back to my bank account. i didnt invest a dime but after seeing this article, i may regret that
down to 10.8 cens
loss of 23%
having saved you $100+, when can i expect my commission check. :corn:
all kidding aside, stock market is a good time....beats the piss out of vegas
Just to say I have a Altria stock
500 to buy in... they accept payments of 50 dollars at a time...
:think:
sitting at 11 cents today
mjna @ 21 cents today
:fp: :fp:
should have bought it. :P
got up to 50, than fell like a rock to 25 and rebounded a little today to 31.
stocks like are very volitile.
i'll take my more boring stocks.
one would think a medical maryjane company would be more mellow
A Princess Diana Beanie Baby worth $10 in 1997 now goes for anywhere from $100K to $500K.
:geek:
i'd be shorting the shit out of them now. that's just stupid
penny stocks are sucker bets....
fyi, if you go back to 10/31/12 when y ou first mentioned it...my selection of GE has out performed MJNA by 7%, plus it made 3 dividend payments that are worth roughly 3% of that days stock price, or a total return of 10%
carry on