The sad truth about trading is

Quote from occam:


That said, I agree that the majority of people who attempt trading would be better off having used a passive strategy involving infrequent trading.

A majority of people who attempt to get into a medical school dont make it either, so is that a reflection on the successfully practising doctors. Just having an account and making a few trades doesnt make anyone a Professional Trader, the comparision to the dabblers isnt fair. :cool:
 
Quote from lindq:

That statement is absolutely incorrect and only demonstrates your ignorance of trading and investing in general.

So you've managed to make some money over the past year, and now you're an expert in passive investing and just thought you'd drop by and let everyone here know they're wasting their time?

I've solidly beat the S&P for 6 years straight as an active trader, which is a hell of a lot more than I can say for my accounts with passive, diversified investments.

You are a classic case of confusing brains with a bull market.

I suggest you chalk up your 12 months of gains as your luck of getting into a bull market run, and come back here in 3-5 years and report your results. Passive investing results over 12 months mean absolutely nothing. In 90 days you may well be sucking red ink. And a lot of it.

In the meantime, there is a website that is far more appropriate to your general approach and your lack of experience.

www.fool.com

I invite you to accept The Index Piker challenge.
Let’s see if your ongoing returns justify your condescension?


good day
 
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