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There are, of course, a associated with traders out there who are utilizing much cleverer strategies than “Buy and Pray”. They may use charts and technical analysis and work their trades on moving averages, Fibonacci lines, Bollinger bands and etc. They might go short occasionally to profit from an expected downward move, however the “gambling” element is there to stay - choose direction the stock might be to move in, and take a position on that basis.
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