Do you think you were better off just throwing all your money into the DIA this year
- Thread starter michaelscott
- Start date
The good part about the return is not just the actual return itself. Its also the time, stress and aggravation spent that is equally important. Lets say you spent a year of your life behind multiple monitors trading away. Lets say you then spent another part of your time after the market hours researching and finding more plays.
So you have given up a certain part of your life for the return.
When you get past 30, you value your time and mental health a lot more then you did when you were in your 20s.
I know some traders here spend their days behind multiple monitors in a small windowless room studying the price action at every waking moment. Then after market hours they spend more time in the same room behind more monitors looking for plays.
I would greatly accept the stressfree return of the DIA versus wasting my life away in front of monitors and then having to read BS on a messageboard from blood-shot eyed traders who spend their lives ruled by the monitors.
So you have given up a certain part of your life for the return.
When you get past 30, you value your time and mental health a lot more then you did when you were in your 20s.
I know some traders here spend their days behind multiple monitors in a small windowless room studying the price action at every waking moment. Then after market hours they spend more time in the same room behind more monitors looking for plays.
I would greatly accept the stressfree return of the DIA versus wasting my life away in front of monitors and then having to read BS on a messageboard from blood-shot eyed traders who spend their lives ruled by the monitors.
DDM>DIA
No need to buy stocks. ETF's are the way to go
No need to buy stocks. ETF's are the way to go
Its interesting that more then 50% have said yes to this poll indicating that trading is a difficult occupation.
There were quite a few events that occurred this year that could have wiped someone out if they were in the wrong positions such as that correction that occurred in late February. I am betting that quite a few people decided to cash out everything at the low and did not get in later until the stocks went a lot higher.
There were quite a few events that occurred this year that could have wiped someone out if they were in the wrong positions such as that correction that occurred in late February. I am betting that quite a few people decided to cash out everything at the low and did not get in later until the stocks went a lot higher.
I dont trade. I buy and hold. Trading is too much work. ETFs are a great way to make market beating returns via buy& hold while mitigating risks.
===============Quote from a529612:
No, you put it in that 2x leveraged DIA ETF.
A529/777
SPY, DIA, great uptrends;,QQQ going down
might liquidate longs now, not leverage up now.
Of course almost lunch time, still going UP/up & away;
and i seldom mention sell [exit] an uptrend.
Happy trails/trends to you
;until we meet again