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Let me summarize: diversify, hedge, minimize expenses. All good advise but this isn't so much about making money as avoiding losses. You've done a good job at
by driverdan 15y ago
Let me summarize: diversify, hedge, minimize expenses. All good advise but this isn't so much about making money as avoiding losses.
You've done a good job at highlighting that investing isn't as simple as picking stocks and buying them. That's a fool's errand. Instead, it's understanding the risks you're undertaking (and mitigating them), eliminating emotion from your decisions (but understanding how emotion affects the market), knowing when to exit a trade, and most importantly, having a plan and sticking to it.