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 : MARKET INDEX TECHNICAL ANALYSIS - MITA
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Lee who wrote (15209)12/2/2002 12:35:06 PM
From: GraceZ  Read Replies (2) of 19219
 
I think you are very likely correct. What is the lesson? Don't trade?

Yes. If you trade you are on the side of negative expected return. The market maker has the other side which is positive expected return. There are numerous reasons for this. A trader can operate on the side of positive expected return but it mostly involves turning yourself into something like a trading program. I'd rather drive a truck.

The only way the public can be on the side of positive expected return is to hold rather than trade. This doesn't mean you always have to be in the market. Certainly capital preservation is an extremely important element to building wealth. There are times when an investor should not be involved in the market and should be sitting in cash.
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