About a month ago, I made a personal decision to be in the Equity Market as a "scalp trader" (worst than a day trader) with my TD Ameritrade Account. I'm tired of sitting back and depending on professional experts managing some sophisticated sounding Mutual Fund that only teases me on a daily bases and by the end of the year hasn't given me any real return.
Although I have limited stock trading experience, I have begun to notice that my performance is just as good as theirs. When I make money that day, so do they. When I lose money on a particular day, so do they. Bottom line is that I only have faith in what's happening in the market minute by minute.
Remedy, its become a "crap shoot" that I hope I begin to understand and ultimately can do just a little bit better than my basket of poorly performing investment holdings! Otherwise its off to Las Vegas baby!!
No comments:
Post a Comment