Old 03-24-2020 | 05:37 PM
  #117  
a2cbus
On Reserve
 
Joined: Oct 2016
Posts: 81
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Originally Posted by SSlow
Good on you for timing the market correctly, but my experience has been quite the opposite. Last year when I was bored on reserve I thought I would get into day trading with some play money...and whew boy was it ugly. When I finally threw in the towel I was down like $2k or so, which was sad considering that even the village idiot could've turned a good profit in 2019 by just buying and holding pretty much anything. You live and learn...

So starting in 2020 I swore off day trading and decided to just buy and hold for awhile in hopes of turning a small profit...and you can probably guess how well that has turned out so far. I sold on the way down since I might be needing that money if this all keeps up. Safe to say that was my last foray into the stock market for now. I learned my lesson, and that is there are much better minds suited for this kind of stuff, and I am not one of them. I'll just settle for being the airplane driver.
I feel like you are the first pilot ever to admit their loses. Like yourself, I’ll leave it to the pros.
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