The thing is that in practice the vast majority ends up down, always, and I mean always. Maybe not completely rekd (people do have some sense of danger) but sur

The thing is that in practice the vast majority ends up down, always, and I mean always. Maybe not completely rekd (people do have some sense of danger) but surely down. This is one of the (valid) arguments used by indexers, the vast majority of individual trading portfolios end up with negative returns. Also corroborated by many stories from successful traders, they usually blew up a few accounts before they figured out something that actually has an edge. OTOH if you're a young zoomer it really doesn't matter if you blow up your (larger) lunch money.