It seems to me that most traders/investors are always looking to be buyers. With the markets going up much more than they are going down, how come most of these traders/investors lose money? Most retail traders never short the markets. You would think that 80% are making profits and growing wealth. Instead it's the opposite. Yes, I suffered much in the early going with being too bearish. It's a natural thing that needs much energy and persistence to overcome.
The easy way to become a billionaire is to always buy at the bottom and sell at the top. How hard can it be?
It seems to me that most traders/investors are always looking to be buyers. With the markets going up much more than they are going down, how come most of these traders/investors lose money? Most retail traders never short the markets. You would think that 80% are making profits and growing wealth. Instead it's the opposite. Yes, I suffered much in the early going with being too bearish. It's a natural thing that needs much energy and persistence to overcome.
The easy way to become a billionaire is to always buy at the bottom and sell at the top. How hard can it be?
Great article. Nice mention of Freud concepts.