Dumb question: Since many arguably smart people try very hard to make money in the stock market by picking individual stocks and yet they lose a lot (think of TSLA shorts, etc). Do you think that people would generally be successful if they actively try to lose money in the stock market by picking individual stocks or is it as different as making money? So the question is: compared to consistently making profits off the stock market is:
The news around stocks are designed to shake dummies out of their money. Unprepared, emotional people will easily and consistently lose money.
The more I lose the more capital loss I can claim. It’s really a win win
TSLA shorts aren’t smart money.
I think trading is more an art than a science. So the smartest person is not necessarily the most successful. Also performance is relative. If you made a 10% positive return in 2019 with the same exposure to risk as the general market, its historically good, but a severe underperformance of the market
Just day trade. You will lose everytime
If someone manages to lose a ton of money in the current market they aren’t that smart (at investing). Losing money consistently would be easy. Just pick companies with messed up financials.
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Random walk: hard to consistently do anything except follow market trends