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/biz/ - Business & Finance

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11849252 No.11849252 [Reply] [Original]

Why is it so impossible to time the market?

>> No.11849843

>>11849252
Greed. A very rational and secure person can actually time the market incredibly well, as they don't feel the need to cling until the very last minute. People are greedy by nature however, and will tell themselves "just one more day, one more dollar" before they sell. Then the opportunity is lost, and they're sucking botzwanian cock in Buschwick in order to pay rent. Such is life

>> No.11849858

>>11849252
predicting the market is harder than predicting your life

>> No.11849874

>>11849858
If I said "I'll be a poor loser for the rest of my life" I'd be 100% correct. Predicting the market is WAY harder than that.

>> No.11849881

>>11849843
I close my positions at 10-20% because I'm a pussy kek

>> No.11849883

>>11849252
Because millions of people are trying to do it with the same information, and since the market is zero sum (in a time independent sense), they can't all be correct

>> No.11849925

>>11849881
good for you anon, at least you have a much lower chance of getting JUST'ed