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There is a huge difference between trading binary options or spread betting and holding a portfolio of FAANGS stocks. It’s very unlikely that you will lose 100%
by xchaotic 6y ago
There is a huge difference between trading binary options or spread betting and holding a portfolio of FAANGS stocks. It’s very unlikely that you will lose 100% of your money if you’re holding more than 1 stock. Even ‘dead’ stocks like Boeing are pretty resilient on top of various bailouts and speculative hopes.
- reducesuffering 6y agoBut day-trading isn't "holding a portfolio of FAANGS stocks." In bad times, it's buying TSLA at $400, then selling TSLA at $200 and buying AAPL at $100, then selling AAPL at $50 and buying INTC at $45, etc.