$MARK I& #39;m going to be completely honest with you guys (newbs especially), here. When someone posts a PT or what they think a stock will do, JUST ASSUME that they& #39;re exaggerating the PTs! Why do they do this? Because short-term trading is a ZERO SUM GAME!
Look up zero sum game if you don& #39;t know what that means. In the short term, the markets are ALL zeros sum games (by short term I mean like 5 years). LONG TERM, there is something called "value creation," but that generally takes place over decades (think 20/30 years).
And since I& #39;m being completely honest in this thread, I do it, too. Remember, we all do this to WIN (making money is winning in this game), & it IS a game! If you don& #39;t think of it as a game, & think of making money as a way of keeping score, it& #39;s going to SERIOUSLY FUCK YOU UP!
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