SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TheKelster who wrote (7355)3/12/2000 7:58:00 PM
From: ahhaha  Read Replies (3) of 18137
 
You will be ruined if you persist at trading. It's a negative expected return game. The more you try to trade the greater is the probability that you will approach the return on trading. That return is negative.

You can realize a positive expected return by engaging risk. This is done by holding. When you hold you are no longer trading, but that means you join up with the crowd which suffers as markets crash. Just think about how bad that is. If you had bought GE at the 1929 top and held during the depression by 1939 you would have only been up 200%. If you continued to hold, at the bottom of the '46 crash, GE would only be up 500%. I admit it takes a lot of genius to spot the GEs, but since 99% of NYSE issues go up 50 times in 20 years it must be that there's a lot of geniuses out there.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News