No safety net in trading futures, options or forex!!! - 2nd Revisit
Some financial instruments like options and futures are zero-sum game as for every winner there will be a counterpart who will lose the same amount.
Some people may think that stock investment is not a zero-sum game. Yes, it is true that it is not a zero-sum game as for every winner there will be a counterpart who may not lose the same amount.
But, stock investment is still about winning a loser game. If you don't believe me, go and poll your colleagues, friends and relatives. You don't be surprised that to find out that there are more losers than winners.
Let me know if your polling shows more winners than losers.
Stock market is not only winning a loser game and is also great wealth re-distributor. So be careful with your wealth in the stock market.
"The Stock market is a financial redistribution system. It takes money away from those who have no patience and gives it to those who have." - Warren Buffet
Investing in stocks is a lot like lending your friend money - Note: This article is a collaboration between The Good Investors and The Woke Salaryman. It was written by me and edited by He Ruiming. An earlier version ...
1 hour ago