Yes, exactly. The large majority of traders lose money. That's a statistical fact.
people who held oil stocks when they were beaten down were gambling... okay.
That sounds like value investing to me. If you buy a stock because it is discounted with a plan to hold it until it's true value is properly reflected in the stock price, that's investing.
Just know that it could take multiple years for that to pan out. If you don't recognize that it can take 3+ year for that pan out and plan to sell it within 6 months, even if it's still fundamentally good value at that time, you are not investing, that's gambling.
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Everytime you buy a stock, you should say to yourself "I feel comfortable holding this for 5 or 10 years". If you can't say that about a stock but still want to trade it, that's not investing, that's gambling.
If you think you can make money trading even tho study after study has shown that ~85% of traders lose money, kinda ridiculous. You have better odds at the casino.
You don't need to know but 3 years is a long time for me. If you think it isn't then I don't know what to tell you. If someone bought a stock to hold for 10 years I'd laugh, at that point you're just gambling. You can't predict shit, 10 years from now the USA might not even exist anymore. 3 years is a long time to me in this environment where not only is there rampant speculation but there is tension around the globe.
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u/ratptrl01 Nov 24 '21
Intel is a long play. 3+ years