Just For Thinking .....
Read? Investing vs Trading (5) - Key differences???
Frequency of Risk Taking
In investing or trading, you are required to take risks to deploy your capital. You must be RIGHT in your direction to make more money from the stock market. If you get the direction WRONG, you will be punished either with realised losses or sitting on unrealised loss. For any unrealized losses, you may be comforting yourself that they are not losses yet.
For those who still strongly believe that unrealised losses are not losses yet, may be you should be learning this financial function available from Microsoft Excel called XIRR.
What lessons did Uncle8888 learn over past decade in short-term trading and long-term investing?
On Short-Term Trading
Read the newspapers or visit investment blogs which have clear commercial interests of inducing you to buy that belief that you can trade for a living or build up your ......