apples and oranges question / poll (iow nonsensical) Different personality types gravitate toward different styles Add to that, market conditions play hugely into which style "typically" is more profitable at any given time Further - trader skill (adeptness) regarding execution of his / her given style - always plays a huge roll in its profitability soooo - exactly how long is... a piece of rope ETA - and most everyone gonna claim their way is the best - why the hell else would they be trading that way - (human nature seldom changes - cie la vie) RN
This should answer your question: "A study from Fidelity analysed the performance of accounts to determine which type of investors received the best returns. Over a ten-year period, the clients that did the best were the ones who were dead and the second-best group were clients who had forgotten they had investments!"
It is unbelievable. Is it based on facts/data, hearsay, perception, or opinion? Please back up Fidelity's / your findings with facts/data.
Who is more profitable? Stupid question. The question should be: what is FOR YOU the most profitable way, as YOU will have to execute the trades. All depends on your qualifications. PS: If a company has "140+ Best NinjaTrader Indicators", why do they sell them and not trade them themselves? If they are so good the most money can be made from trading them. Not from selling them. And selling them would create competitors against themselves. I cannot imagine somebody can create "140+ Best NinjaTrader Indicators". You would be lucky if you would be able to create even three good ones and have a profitable system.
The short term guys have the interest advantage. Lets say you make 0.5% on average every day means you will double your capital way faster then a swing trader or an investor ever could.
My career progression : investing ---> swing trading ---> day trading Investing and swing trading are a big NO-NO for me.
I don't have the data since i didn't run the study, but i absolutely don't think it is hard to believe. Very very very few can outperform buying and holding over an extended period of time, while buying and holding is something everyone can do. There have plenty of other studies that came to a similar conclusion, i remember once reading about a study done by a university done one over 66000 portfolios and they came to the conclusion, the higher the activity the worse the average performance was. I don't have any studies or data at hand but i assume it shouldn't be too hard to find.
Since you believe in those studies, are you following it (buy and forget, buy and hold for an extremely long period)? Those who buy and hold things like Silicon Valley Bank, Silvergate Bank, Lehman Brothers, Barings Bank, TerraUSD/LUNA, Three Arrows Capital, NKLA ... might not know their assets disappear into thin air. Of course, there are some stocks that appreciate value.