Advertisement
Anonymous
I've heard that this is the case, is it true? If yes, why do people still trade?
7
Discussion (7)
Learn how to style your text
Elijah Lee
27 Apr 2020
Senior Financial Services Manager at Phillip Securities (Jurong East)
Reply
Save
Its possible, but probabilty is very low across the population. Dont confuse possibility with probability.
Reply
Save
Yes, i believe generally not possible over longterm, and possibly an unhealthy job.
However, so...
Read 3 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Hi anon,
It's not impossible, just improbable.
You'll need to have a very disciplined game plan and stick to it, and learn to short the markets so that regardless of the direction of market movement, you'll still make something.
Further more, you will need nerves of steel, because it can be terrifying to see your money go down the drain when you execute your stop loss plan.
Probably 80% of those who trade will lose money in the end. 15% probably break even, and 5% make. But with that 5% chance, its enough to make people want to try. After all, we know the odds are stacked against us in Toto, but that 0.0000001% chance of striking a million (or two) makes people buy the ticket anyway.