The Seafarer Investor

11. Why trading stocks is bad and not for you


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Here is my unconventional take on why trading in the stock market is not for most, if not all, people. Also especially if you're a seafarer. Trading will always be a losing game and investing still trumps it in the long run. Know more by listening to this episode! Enjoy!

Timestamps of the episode:

  • 99% of traders lose their money [02:25]

  • Random reinforcement bias [04:07]

  • A story about John the Tiktok trader [04:51]

  • The 1% of traders who profit consistently are built different and its not you. [08:45]

  • Trade taxes and commissions are already a hurdle before you start trading [09:56]

  • Zero free commission trading isn't really free. [11:12]

  • Trading is a full time job. [12:14]

  • Not every one has this personality trait needed to be a successful trader. [13:14]

  • You don't really know what is your risk profile. Really. [16:41]

Reach out to me thru my email- [email protected]

and my Facebook page as well- https://fb.me/theseafarerinvestorpod

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The Seafarer InvestorBy Seoshin