11. Why trading stocks is bad and not for you
The Seafarer Investor por Seoshin
Notas del episodio
Here is my unconventional take on why trading in the stock market is not for most, if not all, people. Also especially if you're a seafarer. Trading will always be a losing game and investing still trumps it in the long run. Know more by listening to this episode! Enjoy!
Timestamps of the episode:
99% of traders lose their money [02:25]
Random reinforcement bias [04:07]
A story about John the Tiktok trader [04:51]
The 1% of traders who profit consistently are built different and its not you. [08:45]
Trade taxes and commissions are already a hurdle before you start trading [09:56]
Zero free commission trading isn't really free. [11:12]
Trading is a full time job. [12:14]
Not every one has this personality trait needed to be ...