The very wise advice given to gamblers has been " Do not gamble more than you can afford to lose", and this rather obviously applies to stocks as well. And the other, equally as wise advice, ha been to not gamble with borrowed money. So in the stock markets they call it "leverage" so a to make it sound less dangerous.

The really interesting part of the whole thing is that some folks do quite well even as they go in the opposite direction, gambling far more than they can afford to lose, and doing it all with borrowed (leveraged) funds. That is a puzzle that I have no hint of solving. And a game that I have chosen to not play. I may occasionally wager, but I never ever gamble.

Certainly this article makes a lot of sense.

As always his article is both informative and enjoyable. A very good writer who is able to share and be interesting at the same time. And evidently quite an expert in an area of expertise far from my area of expertise. Thus a great source of insights. Thanks for being V.L. But I do not see where the title "Robots" applies here.

Quite interesting and certainly full of insight. The final evaluation that part of it is risk taken for the sake of risk is quite interesting indeed. That conclusion goes along with my assertion that at least part of the market movement is based on emotions. I do not say what kind because I don't know what is in people's heads. But clearly it is not fact based logic.

So it is nice to see that another has a similar opinion, approached from an entirely different direction.

Simple Profit Taking is, after all, the way of making a profit buying and selling stocks. Thus it certainly can be anticipated whenever the rising of the price slows. And it appears that selling reduces the bidding up trend a bit. Emotion driven processes tend to work that way.

I find that video presentations deliver a meager kind of value relative to the time that it takes to watch them.

Clearly, all it would take to get rid of the crypto currency would be to declare it unacceptable for any dealings with the US government, and for the states to follow suit.

While it is admitted that inflation benefits the stock market, especially the large cap segment, it also hurts all the rest of the human race. So perhaps some priorities need to be adjusted. I doubt that any of those in control will agree, but that is because they are well compensated for the things that they do.

Of course the big bank would be doing well. They pay no interest on deposits and still charge a lot on loans. How could they possibly not do well?

Thank you for the sunshine, Vivian. It was certainly welcome.