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/biz/ - Business & Finance

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17229808 No.17229808 [Reply] [Original]

It only goes two ways, up or down. Given that's it's random, why then, is it so much harder to make up for losses than it is to destroy gains.

>> No.17229831

>lose 50%
you now need to gain 100% to make up for it
>gain 50%
with a 33% loss, you will be back where you started

>> No.17229886

>>17229808
>Given that's it's random
It's not random, you absolute retard.

>> No.17229910

>>17229808
Who the fuck wears New Balance?

Pacino is a fucking hack

>> No.17229912

>>17229808
it's not random you're acting based on your perceived free will when making these trades while being heavily influenced by the media your perceived free will decides to consume.

>> No.17229919

It's a zero sum game and only a small part of the market actually know what they're doing so they take your money

>> No.17230005
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17230005

>>17229808
Yeah losses seem to compound without having to do any trading.. But to compound gains you have to continously hop from trade to trade to go up as fast as you can go down.. Know what i mean?

>> No.17230028

>>17229808
For me it's because I'll buy a stock and the following will happen:

>it goes up
Immediately sell in order to have a small realized gain
>it goes down
I'll wait it out hoping that it will go back up
At which point my stubbornness will cause what could have been just a small loss to turn into a big loss

>> No.17230070

>>17229808
Not really, you could have just bought eth in 2015 or btc in 2011 and be a millionaire right now without doing anything.

>> No.17230096

>>17229831
Wat