Ed, I think you hit the nail on the head with that one. Some of the primary differences posted on this thread are basically differences of approach, even though they may be construed as personal differences.
There is a fundamental difference, imo, between investing and trading. On this thread, (as well as many others here) we have both investors and traders.
Investors are here because they believe in the company. They did the DD, (whatever DD is worth these days), and they feel that the company has something going for it, and stands a better than not chance of gaining in value over time. Most investors expect to hold the stock for an extended period of time.
Traders, on the other hand, are here because they feel that they can predict, with fairly good accuracy, the impact that factors such as news releases, financials, etc. will have on the performance of the stock. Oftentimes traders will not even know what the company does, and it really doesn't matter to them, because they are rarely in the stock long enough for any of it to make a difference anyway.
They say all OTC stocks are a gamble, and they are right, but for various reasons. Investors are gambling on what the companies will do, and Traders are gambling on what the other traders and investors will do.
I am not saying that one approach is any better than the other. That's where the "do what is right for you" part comes in. Rather, I am simply pointing out the fundamental differences between the two styles. IMO, they are pretty big differences, and irrespective of any personality factors at all, seem to mix on these threads about as well as oil and water.
Just my take on things.
:-)
Binder |
