Re:Insider trading has been rife on Wall Street, academics c...
by mancerayder on Sunday February 11, 2018 @04:15PM
(#16354845)
"Day Trading" is one thing, namely the strategy of unloading all positions at COB.
That's stupid.
But picking companies YOU think might succeed, either because you've used their products, have a good feeling, read a news article, worked there, read magazines on the niche industry, or a million other things, is perfectly legit.
You don't need to time the market. You can invest long-term in your picks.
You CAN time the market, if you notice patterns and feel like you can ride them.
Not everyone who isn't conservative is necessarily a child
"playing" with a brokerage IRA. Some ARE beating the market.
That's stupid.
But picking companies YOU think might succeed, either because you've used their products, have a good feeling, read a news article, worked there, read magazines on the niche industry, or a million other things, is perfectly legit.
You don't need to time the market. You can invest long-term in your picks.
You CAN time the market, if you notice patterns and feel like you can ride them.
Not everyone who isn't conservative is necessarily a child "playing" with a brokerage IRA. Some ARE beating the market.