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Posts: 322 | Thanked: 218 times | Joined on Feb 2012
#1761
Originally Posted by zwer View Post
People who have no idea about the stock market consider it a gambling arena. Brokers and smart investors thank ye for providing them with your hard earned cash. When a man with experience meets a man with money and no experience, the man with experience walks away with the money, while the experience doesn't necessarily transfer...

btw. AFAIK, you need to be of age of majority in order to trade on the stock market, so you can stop pretending that you are buying Nokia stock.
Unless you are a long term investor, the stock market is gambling. The long term investors are sitting firm on their Nokia stocks, while the 2-3% rest are governing the price by speculating. Already the stocks are valued much less than the value of the company.