Quote:
Originally Posted by JiriNovotny toasterwater,
You should probably go to the casino with your money instead, it is very likely that you will lose it if you have no previous experience. This is the worst way how to learn investing. |
Jiri,
There are millions of investment strategies out there and he happened to pick one that works for him from a risk perspective. Every single strategy out there will have losing trades at some point so is his method really more risky? No one can answer that question since we don't know what the market will do next.
Newspapers and magazines routinely do bits where they put a stock market expert up against a monkey or a baby or someone throwing darts at the stock pages. Quite often, the expert makes less or even loses money.
toasterwater seems to have accepted that he may lose every cent he's put into the market so we shouldn't knock his methods because they don't conform to a strategy we see as less risky.