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Old 01-08-2020, 11:14 AM   #327
OMG!WTF!
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Quote:
Originally Posted by Bill Bumface View Post
Define "consistently". For example, over a 20 year horizon, what percent of self directed investors are beating total market returns?

I have no idea but if you believe 0% of self directed investors beat the market over 20 years, that's totally fine. But I'm telling you people can and do beat the market year after year and it's not a fluke, luck or voodoo. It's a method, it's research, it's repeatable. It's not what most people believe it is. I just get frustrated when people suggest picking stocks is a fool's game.



Quote:
Originally Posted by Krovikan View Post
Are there good resources to learn more, my portfolio at this point is too small, I figure ETF and one stock trades are my best bet. But I would like to understand more about what I'm doing.

I use Investopedia.com if I don't understand a term, but doing more research, I find most self-help sites or videos (YouTube and Udemdy) are just trying to pump and dump stocks or are hawking bad education courses.

Yeah there are lots of charlatans out there. But any and all info is not a bad thing at the beginning. Just learn not so much what people do, but how they do it. There's a process that traders go through and it is usually similar no matter what methods they use.



I'll pm you what I think is the best education available. But whatever you choose, don't pay for anything until you decide for yourself what's going to work for you. The vast majority of legitimate education is available for free. What you end up paying for is the actual tools people use, the programs, indicators or platforms.
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