Which way? Investing.

If you paid attention to your own questions which I'm sure you don't because you ask a thousand questions on ET, you would discover you've asked me this same question before recently.

 

That's a laughable, sad, question to ask traders.
Watch their face...morph, squirm, turn shades and hues different.

A Huge majority of traders and so-called finance professionals and experts in this industry...can barely match, beat, the S&P annual average.
And they realize they are basically full of stuff, and they provide no value to their customers and clients.

 

I think even Buffett with his gazzillions doesn't beat the index.
Does that matter to him? No!

 

Sorry Mic; Must be early onset Alzheimer's; I mostly ask questions for you to answer yourself, to make you question whether what you are doing is worthwhile. I don't really give a fat rats ass one way or the other.

I gather what you are doing is easy and you are comfortable with the process but is there a better way to achieve what you are trying to do.

 

I doubt it.
I really enjoy my hobby/job, lots of fun, enjoy coding, enjoy being in a candy store market where there's lots to choose from.
Keeps me sane, keeps me busy, pays the bills.

 

A matter of opinion

 

My 2 cents on that is that's not trading, it's investing. I can invest in an aggressive or conservative mutual fund and avg 8 to 15% a year over 10 to 20 years and there's nothing wrong with that at all.
But trading is basically saying, I can do better by doing it differently, using different strategies, and if you manage to get 25+% returns and beat your mutual fund, then you're successful.
At least that's how I see it...

 

What's the name of the thread again?

 

"Which way? Investing."

Do I win a cookie? I ask merely for information.

 

There are several people I know that seem to have a similar strategy to Mickey.

The theory is that you buy a small amount of a whole bunch of stocks. Seeing as how stocks have no upside limit and a 100% is all you can lose, then in theory your winners should outperform over a long period of time. It's a good theory, however those that follow the strategy would have been better off in an index fund. (Just a small sample of those that actually keep track of their performance: I have no data to back it up)

Some even believe that if they don't sell they don't have a loss. The problem is that their capital isn't working for them. Equity curve is the best way to keep track. That will tell you your performance.