Australian (ASX) Stock Market Forum


  1. L

    Why isn't everyone rich trading these systems?

    Another good post from PAL blog about mean reversion strategies. I backtested all three in SPY and returns are high. So my question is: Why isn't everyone rich trading these simple systems? I guess this is a stupid question because not everyone can be rich but while tarders complain in America...
  2. tech/a

    Most who want to get rich or retire wealthy... have got it wrong

    (1) I've seen post after post from younger people who are overcapitalized and under educated who are searching for ways to increase their net wealth. They all want to invest their merge funds and compound their wealth. In a large majority of cases that effort to increase their $5-10K by $1000 in...
  3. W

    Can you honestly earn a good living or even get rich by share trading?

    I'm relatively new to stock trading but I've been trading forex for more than 5 years now and has been consistently profitable. I'm thinking of venturing to share market because forex is not an investment and I want to invest my excess cash. Forex is purely speculative in nature. I mean, who...
  4. Tyler Durden

    15 ways rich people think differently

    Found this today, even though the article was done in September, so apologies in advance if it has been posted before. 1. Rich people think selfishness is a virtue Average people feel they need to save the world and put others before themselves which is keeping them poor. Rich people take...
  5. Steve C

    Has anyone here made themselves "rich" or wealthy by trading?

    Hi All, With all the scams and spruikers around promising the lifestyles we all dream of, I am legitimately wondering can anyone on here say they have made themselves rich or wealthy by trading (or know someone who has). My definition of rich would be enough capital to have no financial...
  6. Tyler Durden

    Are most rich people stingy?

    I was walking in the city today and crossed passed a small lane, where I saw a very nice Audi parked (one of those rare city places you could park without buying a ticket). I thought "typical, they can afford a $80,000 car but don't want to pay $6 for parking". It reminded me of a story my...
  7. LifeChoices

    I'm gunna be rich beyond my wildest dreams

    They say you only get one good idea in your lifetime. Tyler Durden inspired me with the idea on his moonlighting thread: Right now I'm in 'high level' negotiations with a respectable b2b wholesaler from Guangdong, China that I...
  8. Garpal Gumnut

    Rich People's Thread

    I am totally pissed off reading on ASF about punters on Centrelink and Sickness Benefits discussing Richie Rich Rudd's handouts and other minor matters. May I start a thread for those of us of means. I have sold down over the last 2 years my stocks and am stuck with some property. Let...
  9. H

    How do u get rich without leverage and OPM?

    Hi all i was told by my Muslim friends that dealing with interest is evil and should be avoided, which makes me think how one can get rich without leverage and OPM... i'm not trying to discuss religion/politics here, just wondering how strict Muslims buy properties...and obviously they...
  10. J

    Can a trader grow rich trading on CMC?

    Hi I 've watched this forum for a long time and have just joined. I posted this message on the CMC forum this avo but things are pretty quiet there. I would love to know what people here think. ********************************************************* I'm pretty new to CFDs. I try...
  11. krisbarry

    Punish the poor, reward the rich!

    Another year, Another budget and another ****-up for the government. 80% of workers will get that sandwhich and milkshake offer again, (Approx $6 a week more) Should be a good run for the snackbar owners of Australia,come July 2005! LOL Still no real incentive for people to get off welfare...
  12. H

    How to Retire Rich

    Hi all, just wondering what peoples opinions are of the low price/sales ratio type trading strategy detailed in the James O'Shaugnesy book "How to Retire Rich". Corny tilte but some interesting ideas I think.