4 ms·

I believe when people talk about trading and investing the main difference is the time horizon. See Swing Trading, Day Trading etc. for shorter-term time-horiz

I believe when people talk about trading and investing the main difference is the time horizon. See Swing Trading, Day Trading etc. for shorter-term time-horizons. Keeping stocks only intra-day would be Day Trading (generally). There are lots of people on the internet who say they can 'teach' you day-trading. Don't do it unless you have a very high risk tolerance, i.e. are willing to lose it all and walk away. Even then there's probably better things to do with your money.

4ggr0 4y ago
> There are lots of people on the internet who say they can 'teach' you day-trading. Don't do it unless you have a very high risk tolerance, Yeah I know, watched a ton of videos documenting the shady things these finance-gurus have done over the years. For a couple of months I was involved in a signal-trading group (I knew them personally), but I never had a good feeling about it and pulled my money without loosing much of it. After playing around with crypto I've come to the conclusion that a savings and retirements account is probably the better solution for me, even though the interest is laughable. At least the money is safe as long as the global financial system doesn't totally collapse. In the end I don't care enough about having more money to venture into investing etc., and I'm too scared of being conned by someone.