People like to dream big.
This also explains why so many people keep throwing money at lottory systems even when they know the chance of winnig is one in a few hundred million.
amateurs have no chance
- Thread starter dozu888
- Start date
People like to dream big.
This also explains why so many people keep throwing money at lottory systems even when they know the chance of winnig is one in a few hundred million.
no.. you graduate from an ivy biz school and go straight to the street.
amateurs rarely have a chance to go pro... try put in a resume to them firms on the street.
but the point is this - you don't need to turn pro... you just need to play on the same side as the pros.
Scalping/day trading stats are extremely high of total failure for most as they think it will be easy to come to the markets and trade against those who have done over 100,000 trades? Many brokerages help add to the thoughts of easy money, easy to open an account. BUT having no fear of losing money is difficult for many to overcome.
LOL, what is value? There is no value to any of this, whales only get interested in large fish and as other creatures get smaller they go after the smaller. Value is a joke, someone is going to push the market higher or lower, best to find ways to tailcoat. If you the only one at the party, it going to go against you, cha ching for others.
%%
Great post;
but i seldom use another's charts, or line charts.
Small caps did sell off hard; but they tend to be more of a roller coa$ter, generally speaking . NOT a prediction.
I love the.....
"Don't get mad... get E-trade" series.
Right. Its easy!
My fave is the boat. I LOVE that one.
this is like arguing lottery tickets are a good investment because some people did hit them jackpots.
valuation does matter, otherwise there would have been no Warren Buffett..
