AMZN just had its IPO 28th anniversary last week. As often the case someone did the math and if you had bought $1000 @ $17 (IPO price) and held all this time it would be worth a kewl $3 mil. 200k+% return.
Imagine buying a random something company at IPO back in the mid 90's with the intention of holding it for eternity....how risky and dangerous does that sound All of a sudden day trading seems like a prudent, wise, intelligent decision for everyone to do to get wealthy Trader of Sun
I had Amazon shop in the past. If I put all the money I had on the stock instead of actually running a Amazon shop. I would have made so much more money.
I believe "simple/difficult" changes as you mature in your business of trading. Beginnings people concentrate on wrong areas of study. For Me, all of trading is risk management, where the perfect setup for best entry, managing the trade, exits. It was difficult first eight years of future's trading starting 1987, after 8 years profits rolled in, but some weeks were negative. After as years going by there is very consistent profits. Had losing week when tariffs started though. 99% of my patterns that I trade not written in books, didn't learn from others. But I know others have developed them as well as I see volume come into markets. So difficult part is discovering your own patterns. As years roll by, it gets simple especially with automation. Am thankful for all the experiences and the acquances I developed in this forum. Happy 3 day weekend all.