there’s opportunity in trading. but to assume you’ll get the benefit is very similar to assuming you’ll beat the casino. it’s possible, but unlikely, especially in the long term.
there’s opportunity in trading. but to assume you’ll get the benefit is very similar to assuming you’ll beat the casino. it’s possible, but unlikely, especially in the long term.
terranoid@lemmy.cafe 2 weeks ago
ironic that you say you’ll lose in the long term, given that investing long term in an index fund is one of the safest ways to invest.
noir_chat@lemmy.world 2 weeks ago
yeah, that’s the whole point of the game. “trading” is the one that will not work in the long term. staying in the index fund is the good option.
pineapplelover@lemmy.dbzer0.com 2 weeks ago
Well you can game volatile stocks and you can buy and sell whenever you feel like it. Stuff like Tesla you know they’re gonna swing down or swing up because shit’s just so manipulated
Cethin@lemmy.zip 2 weeks ago
The issue is everyone else thinks they can game it too, so price predictions are built into the cost, meaning you’ll probably lose. There will be others who can trade faster and have more information who will beat you 99.99% of the time.
MajinBlayze@lemmy.world 2 weeks ago
The loss on this case is “relative to an index fund”