Your money is lost when you buy a stock

that is why central banks try to control the assets prices by interest rates. nothing much else they can do.

even darker secret is that governments want a bubble in asset prices to prevent deflation and a deflationary spiral of the economy -as happened in Japan for the last 40 years.

so you have the backing of the government when you are a long term bull in stock market.

another reason i would never 'invest' in bitcoin. governments do not like it.

 

Yeah and at a pretty good rate.

 

Also, if you don't put it anywhere, inflation is going to eat away at it. Really there's no choice but to put your money in some kind of risk unless you're going to buy a government bond.

 

Don't act like you're choosing not to invest in Bitcoin LOL. You missed the boat buddy. Bitcoin's gone up like how many thousands of percent LOL. It was literally the same price of gold like 5 years ago. How are they looking now?

 

I missed the entire point of this thread which is in the first sentence.

"it's not a loss till you sell" is WSB teenager bullshit...it's literally a loss in your net worth even if you cant write it off yet. You become worth less when you bag hold a steady loser.

 

Your losers might recover or might not, in the mean time your capital is tied up and not available to take advantage of any oportunities that might present themselves.

 

Or a Lambo, I hear they are a pretty good store of value.

 

Speaking of gold, WTF was that action today? GC shot up 50 points! Jeez!

 

I like that way of thinking: "once you open a trade your money is lost"

I think it gives some advantages over people that keep looking at an unrealised pnl.

It would help you to execute a plan, since you a not emotionally invested, you would be able to execute what is needed, specially when taking loses are required.

I would add even more, we should have another pnl available. One that starts at your maximum loss, set by your stop, that would only change if the trade is turning profitable. Then any positive pnl would always be held by that initial maximum loss. The pnl would turn green only after covering the planned drawdown.

 

e

excuse my language but what you say is total nonsense. firstly when trading you not actually buying anything, secondly the same situation is with gold and every other type of commodity. using the same logic I can say your funds are gone once you buy any type of currency but your country's currency because you will not be able to buy things with that you will need to convert that back to your currency first!