Originally Posted by
DAL 88 Driver
I have a different take on that. I use an investment method (Snider Method) that mostly uses individual stocks and options. I don't feel manipulated at all. In fact quite the opposite... Knowing that there is a real person on the other side of every transaction, I often marvel at how much they lose while I haven't lost (or been manipulated) on a single trade in 6 1/2 years.
I agree with you about ETF's, though. If I wasn't doing what I'm doing, I would be doing ETF's.
You misunderstood my use of the word manipulated. If you traded 3x etf's you would understand.
Snider method is fine for a "method"...you never lose money because you never sell dogs. Problem is those dogs can be losers for years or go out of business. Putting dogs in "winter," code for stocks you'd take a loss on if you sold, is just lost opportunity.
Not dogging snyder, there are people who need a method or they'd never take control of their own finances, just not at all the thing for me.