I have to say, investing beats trading

Every trader will have to wrangle how to avoid eating dirt in bull markets while the buy & hold crowd has it made in the shade. I deal with this by trading across shorter & longer time frame. Also trading against a few core positions.

History has not been kind to markets turbo charged by Fed/central bank liquidity, they go from boom to bust. Near the tops investors always think this time it's different, than they end up losing it all & than in the big panics from averaging in on the way down.

We had the most hated bull mkt of all times, it lacked public participation up until March, the public is now in big time - a proper bear demands this.
 
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deaddog said:
That just shows a lack of risk control.
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an excuse. I bet more money has been lost trading than made; and more money has been made than lost investing.

traders by in large lose money: much of it goes to the big dogs and the rest goes to the investors in the form of mispriced assets.

warren buffet has made billions buying when traders push stocks down to stupid levels.
 
Spaghetti Code said:
For myself at least, I have some cognitive dissonance about this. For my regular accounts, yeah, and arguably we are the ones who help squeeze any inefficiency out. But for my 401k, I find myself taking refuge in index funds.
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just because markets are inefficient doesn’t mean we have the skills to exploit them.
 
caroy said:
It was balanced with longs positions in BBI (Blockbuster Video), IPET (Pets.com), WAMU, and KMRT. I like the diversification having some tech, finance, and retail provides in my account. I don't even mind missing by paper statements from Lehman. I'm sure they email them to me but I don't even check. Have to all be doing well with the set it and forget it passive style I like. ----- now that might be too much. lol
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Interesting, I had a block Lehman at $3 on a Friday thinking it my be a investment. Trader inside said “Get the hell out of it”! I did before the Close. Monday it was $.10, yes trading is different. ZZ best taught me a hard lesson.
 
caroy said:
I put a 100 shares on Enron in my investment account in August of 2000 was trading around 90. Decided to be passive you know just let it ride and DRIP it. Haven't even bothered to check on it these past 21 years as I might be tempted to sell and really want to let my winners run. I'll give it a look Sunday maybe I should rebalance my portfolio.
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lmmfao I know you're joking but did you really buy enron in 2000?
 
There is a reason for the expression - its a trade until you are in the hole, then it is an investment.

I did that once. Once was all I needed, to learn the value of a stop loss.
 
newwurldmn said:
an excuse. I bet more money has been lost trading than made; and more money has been made than lost investing.

traders by in large lose money: much of it goes to the big dogs and the rest goes to the investors in the form of mispriced assets.

warren buffet has made billions buying when traders push stocks down to stupid levels.
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I wonder how many traders turned into investors when a trade ended up going against them.

I agree that traders are probably worst off because they keep trading, it's a tough way to make a living. Where as investors just sit with their losers and hope. Eventually they might get back to break even (If they were not in Nortel Or Enron).

You can mention Buffet but there are also big name traders.
 
deaddog said:
I wonder how many traders turned into investors when a trade ended up going against them.

I agree that traders are probably worst off because they keep trading, it's a tough way to make a living. Where as investors just sit with their losers and hope. Eventually they might get back to break even (If they were not in Nortel Or Enron).

You can mention Buffet but there are also big name traders.
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I have to admit I am frequently in that predicament but, lucky for me, I only started trading in 2020. 100% of my "stuck high" turned into a profit within 3 months. Sure, I was looking for a same day or couple days trade and my cash was held up far longer than I wanted, but ultimately it's still cash in my pocket. My longest hang ups have been with TSLA and AMZN!
 
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