Comment on The Stock Market is Just Financial Fantasy Sports

• sp3ctr4l@lemmy.dbzer0.com ⁨3⁩ ⁨days⁩ ago

  Yeah ok so you’re levered up, think everyone else doing the same thing are ‘fucking stupid’ ‘idiots’, dumber than you, because you have the secret sauce.

  I will now quote my original comment:

  … you’ve got the day traders, and they almost always get their clocks cleaned, they just develop a neurotic-obsessive personality based on ‘no, I’m the one guy that can outsmart the market’.

  I didn’t expect one to actually appear, but, well hey there ya go.

  I guess I should also amend ‘grandiose narcissist’ to my psych profile of the kind of person that does what you’re doing.

  Here, lemme throw the ZeroHedge motto at you:

  “On a long enough timeline, the survival rate for everyone drops to zero.”

  Good luck with your dance.

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  • IronBird@lemmy.world ⁨3⁩ ⁨days⁩ ago

    there’s an old saying that goes pigs and lambs get slaughtered, bulls and bears can always make $.

    it really isn’t nearly as risky as everyone makes it out to be if you use a modicum of common sense.

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