When you're feeling happy, your focus improves and you can make better decisions that lead to profits.
Correct. Last year was a net loss both for buy and hold and for 99 % of would-be day traders. However, since buy and hold typically is un-leveraged it probably was not a realized loss for long term holders of equities.
I think the obvious answer is that if you don't have a reason to expect making profits as a short term trader, then don't. And invest instead. Losing money in the markets is a choice as you can always choose to not trade.
It also wasn't a gain, either, for some assholes like me who bought the Q at ~370 in Q3 2021 and am STILL underwater AS OF TODAY, NEARLY TWO YEARS LATER.
Sorry for your loss, but if you're investing and feeling bad about being underwater within a 2 year period I think maybe your time horizon is too short for an investor. If you're able to hold I'm sure you'll be fine.
Only for some retails. For many of us, me included, typically we started off doing day trades because it looks like easy money. Some turn into swing trades since we don't want to let go of losers. Finally they become long term holds. We are stuck with those losers.
Two years is a short time for buy and hold. I bought some of my MSFT back in 2000 @ ~$60, it took till 2016 to finally breakeven.
Exactly, i made my first major buy and hold investment in augustus of 2012 and have been holding ever since, every major dip i have been adding, can't complain. I also do some day trading but i am not matching those returns.
Yes, it takes a lot of convictions to just hang on through thick and thin. I started trading full time in 2010, first day trading but never made any money. Later, switched to options, quite happy with the results.