Oh trust me the only ones that will be crying uncle are the so called investors for the next few weeks and months. Let the pain begins...
Who is ready to join the party and short the market?
- Thread starter vincentnyc
- Start date
Oh trust me the only ones that will be crying uncle are the so called investors for the next few weeks and months. Let the pain begins...
And Buffet made more billions than them through investing... what's your point?
http://stockcharts.com/freecharts/historical/marketindexes.html
I look at these charts and see way more opportunity on the long sides... Every crash(bear market) looks like a little pullback after the next trend let up. The odds look good for buy and hold investors.
I look at these charts and see way more opportunity on the long sides... Every crash(bear market) looks like a little pullback after the next trend let up. The odds look good for buy and hold investors.
You see, OP is very very good at timing these things.... So he always gets in and out at the right time...
I don't know why people insist on taking such a polarized view of the market. You see long term investors insulting traders and vice versa, as if one is actually better than the other.
The reality is they are really two sides of the same coin. Investing is just long term trading; trading is short term investing. There are pros and cons to both.
Investors don't profit off of short term volatility, traders do, and can make a nice living from it if done well.
Traders will never experience the long green investors do, of being in a stock that rises, does multiple splits, pays dividends, and continues to rise. There are far more millionaire/billionaire long term investors than traders.
The key to both successful trading and investing is being able to use the right analysis to know when to buy and sell, the only difference is the time frame involved. Barring having that knowledge, a person that just invests in an market index fund without knowing anything else, has history favoring them over the long term.
What I do welcome, as all traders should, is the return of volatility to the markets. I don't care what direction the market takes, just that it produces big swings that translate into big profit potential. There is always more money to be made in trading swings than in calling market tops or bottoms.
I'll take the other side of that trade. I need some lunch money.
Comparing Soros shorting the GBP to take advantage of an unsupportable currency peg using $10B of other people's money to a random punter selling 100 shares of SPY short is just idiotic. That's like saying "Jeff Bezos made millions/billions starting an online bookstore, will you be the next to make millions starting an online bookstore?"
) a few feet away from a major gold lode.