Of course, traders who followed every twist and turn of Fear and Drama went out of the market, losing their capital. But they did get their two minutes of adventure.
What would you like to do? Bored or excited?
So should we stop trading and invest only?????"
My Notes: amitkbaid1008 is quoting from a post I made today. Then he asks: So should we stop trading .....
I believe that if you are a trader, then trading is your work, and, work is worship. But you trade according to the movements of the market, not because you are bored.
If you are an investor, you should not bother with short term swings for the sake of adventure just because markets have become boring.
If markets are dull, we adapt to them instead of asking markets to change.
A second point I made was, slow moving trends are boring so media seeks to find reasons for fear and drama. But, we are not interested in excitement, our objective is to get positive returns.