alt Hacker NewsKeep in mind that it’s easy to win in a market that’s just going up. You could pick random stocks and you’d probably get decent returns.
The last decade has been pretty spectacular for stocks but that doesn’t most of us wizards at investing.
Keep in mind that it’s easy to win in a market that’s just going up. You could pick random stocks and you’d probably get decent returns.
The last decade has been pretty spectacular for stocks but that doesn’t most of us wizards at investing.
The thing is if you’re well diversified, then when you win, you win big, but when you lose, you lose small.
My worst losses have left me with maybe 0.5x-0.25x of my inital investment. But my big wins have been 10x+.
Even if you leveraged hard, brokers would close out your positions before you go negative.