4 ms·

> If Haim Bodek couldn’t beat the system, what chance do ordinary Apple investors have? Trading != investing

• jaynos 13y ago
  Ordinary Apple investor beating the system? Not sure what that would entail, but I do know that if you invested in Apple in 10 years ago, your investment would be worth a lot more today.
  • tedunangst 13y ago
    If you bought AAPL at $10.45 ten years ago, you'd have made $511 today. That's with one trade. But in 10 years of 252 trading days of 6.5 trading hours, there are 58968000 seconds. If you'd traded AAPL a million times every second, you'd have made $30132648000000000. That's a lot more money. See how unfair it is?
    • onebaddude 13y ago
      >But in 10 years of 252 trading days of 6.5 trading hours, there are 58968000 seconds. If you'd traded AAPL a million times every second, you'd have made $30132648000000000 This makes no sense whatsoever.
      • tedunangst 13y ago
        Indeed.