U.S. Recovery

Why is day trading referred to as “Playing the Stocks” I am not messing around

15
Oct0

I agree and I dont play the stock market either. Playing the market is something you can count on me not to do. Playing the stock market is a silly phrase and I don’t know where it came from. This often common terminology is misleading but actually undermines what Good investors are doing.

A true investor is actually taking a very calculated, well-researched and probably even mostly safe although not guaranteed position that owning a piece of a company, or piece of a group of companies, or maybe even a piece of the debt that a company or a government owes, will pay that investor enough of a return to warrant the associated risk that comes with making that move.

If you are a long-term investor you understand that gambling is for the Horses Casino and lottery. It is NOT for YOU. My college professor said that we are more likely to be. President then winning the lotto!).

So then, is trading stocks something a novice should get into? I’d argue you could ask the same question of someone who’d been doing it for many years. The answer in both cases is a resounding “NO” unless you don’t have anything else to do. If you idea of fun is not going to the bathroom for 12 hours with success rate of 20% then you should consider a job in day trading. You probably want to do something else, long term investors are lucky to be able to do that. Wouldn’t you rather be doing what you like to do.

I take what I know and help people apply it to their financial goals. The people that listen and do what I tell them to do WIN every time. This is my job and this is why I do it, to help people like you have financial freedom.

Another thing I hear from a few people is that since they either own their own business or are above average in their corporate career, or even that they’re in a very intellectually demanding job, that it only makes sense that they are smart enough to do their own investing. Please understand good investing takes time and patience. Good investing also requires separating yourself from all emotion, and none of us are very good at not being emotional about our money.

Having a mentor that can be unemotionally involved and help you see the big picture will help you obtain your goals faster. playing the market is not something you have to do if you are properly invested.