Don't believe those youtube traders. They are all liars. They build up their subscriber base creating what everyone believes to be continous gains and daily profits. I know of a few I watch and they literally "print" money every single day showing their followers how easy it is. Its just a bunch of fakes....
I'm surprised to see no one mention modern portfolio theory, the efficient frontier, or the tangency portfolio. As other have mentioned, investing in individual companies is a gamble, but the real criticism is that it's an unnecessary risk. The benchmark for investing vs. trading should be the S&P500, which is a decent approximation of the market portfolio.
So, why should this comment from you be paid attention to? What is your trading resume? What are your trading returns? Because I am willing to bet that every Tesla bull has trading returns that kill it compared to the writer of every bearish statement ever made
But the people that did not survive are not worth listening to. Every bear on TSLA to date has been completely wrong and their bank accounts reflect it.
Totally disagree with the inference of your statement. Neither ICE vehicle nor the oil industry would exist without government susidies, intervention and rescues. It takes courage to steer a population and businesses to change course once it's been clearly established that our ways is severely affecting the planet. European governments are to be commended for that courage while America is, again, willing to let supply and demand take us wherever, regardless of the consequences.
Gambling beat both trading and investing. The one who hit maga millions made 5MM in a couple of days. What? You couldn't pick that number before hand? So you couldn't pick Tesla 10 years ago.
It was balanced with longs positions in BBI (Blockbuster Video), IPET (Pets.com), WAMU, and KMRT. I like the diversification having some tech, finance, and retail provides in my account. I don't even mind missing by paper statements from Lehman. I'm sure they email them to me but I don't even check. Have to all be doing well with the set it and forget it passive style I like. ----- now that might be too much. lol