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Trading forums suck

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  • lluzers
    lluzers Posts: 133 Forumite
    Let me give you another analogy.

    Let us say a property flipper buy and sells properties for a 5 % profit , he is more like a trader on a trading forum , going in and out of 20 properties over a 30 year period.He has made 5 % * 20 = 100 % on his capital.

    The investor who kept his property and did nothing (maybe rented it out) will have seen a 15 fold increase = 1500 % on property , but the flipper has only seen 100% in the same .Traders have similar performance at best.

    Patience pays in trading and investing , flipping is over trading and costs eat up up profits .....i.e 1500 % versus 100%.
  • fairleads
    fairleads Posts: 595 Forumite
    But thats just what it is, an analogy, not a true reflection of real life situations/circumstances
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