Right. Investors never ever lose money they just stare at unrealized losses. If you hold something long enough eventually you'll be positive in it. (sarcasm implied)
Honestly, I don't know how vital my job is for price discovery but cumulatively speaking in terms of all traders out there you're probably right. As far as the probability of individual success as a speculator, you're pretty much right again...but you should have said for MOST individuals it's a losers game.
Yeah, the best ones are those, who, when winning, feel and advertise themselves as the greatest; when losing, they are stilll the greatest, but unfairly treated and cheated. Even their $5 worth stop is mercilessly hunted down. Continuously and eternally robbed of their chance to prove they are the greatest. But they know they are... And the truth will come out... Going to bed at night they realize that because of their wives getting older they are beginning to feel uninspired .. the beginning of erectile disfunction. A lot of masters of self desception around.:eek: This is called samsara