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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (6284)	2/2/2023 5:37:45 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 10696

We were talking about investing vs trading. You say no one ever offers discount shares? What about energy stocks in 2020? That was a soft lob pitch. Easy doubles and triples. By your definition, all these people hitting home runs on BBBY which is bankrupt and will be zero are savvy investors. I say they, like you, are traders. It's basically buying crap and peddling it to the next sucker for more cash until someone ends up caught holding the bag at no bid. Yes, some of your stuff is profitable and might be investing. I followed you into NOPMF because it looked okay but I didn't know enough about it to hold it so it was just a trade for me a few times. I only trade stuff I like in case it got halted after I bought it and I might be forced to hold it worse case scenario. If it has earnings and a good sector then I'll trade it. I don't trade crap. Some of your other stuff is speculation. A growth stock that has no earnings, burning cash but may or may not have barriers to entry. Yes you can hit home runs on this stuff but it's not investing. You're an awesome trader and I'm not knocking that. I just question calling it investing vs trading and saying you cut losses but then claim profit on something that was falling for a long time. You can't have it both ways. Well I proved how out of shape I am today. Only got 2 trees cut and chipped. Out of breath the whole time and had to take lots of breaks. It's going to take a few weeks of good weather so I can do this more often and get my endurance back. I'm just catching up but I see the big techs are down after hours. Of course they'll probably bounce by tomorrow's close. I don't know why as I haven't read any news yet.