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There are, of course, a lot of traders out and about who use much cleverer strategies than "Buy and Pray". They might use charts and technical analysis and work their trades on moving averages, Fibonacci lines, Bollinger bands and so forth. They might go short occasionally to benefit from an expected downward move, but the "gambling" element is there to stay - select which direction the stock will likely move in, and take a position on that time frame.
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