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Message: <blockquote data-quote="Ponyroper" data-source="post: 89449" data-attributes="member: 423"><p>Very true.  Unless you have good sources of information and are able to react quickly speculating on the stock market is a losing proposition.  The game is rigged and the house (brokers) always takes their cut.  That's why brokerage firms love the little traders, they get their fee every time you trade no matter whether you win or lose.  If you want to be in the market find a reputable broker like Vanguard and invest in a fund that holds shares in several solid companies and then sit on your hands and ride out the ups and downs.  If you're diversified enough in good companies eventually you should come out ahead.  Trying to pick individual stock winners is like trying to win the lottery.</p></blockquote><p></p>

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