facebookWhy do people trade when they will most likely lose money (statistically speaking)? - Seedly

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Anonymous

23 Jun 2020

General Investing

Why do people trade when they will most likely lose money (statistically speaking)?

Most people will lose money doing short term trading( such as FX, commodities, etc).

It is extremely difficult to consistently make money in trading as explained in the book “Random walk down wall street”

So why do people still trade and why is there so many youtube/online courses on trading?

Discussion (2)

What are your thoughts?

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Agreed with greed.

if it was that easy, why aren't these people head hunted by GIC, soverign wealth funds, private wealth managers to generate returns for the whole country and economy? why aren't they getting a fund manager's license, like the robos, and legally manage people's money for free? isn't that more noble than coaching a few selected people who are willing to pay few thousands of course fees?

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