Some good posts here , an interesting thread . I think its...

Some good posts here , an interesting thread .

I think its extremely difficult to argue that an long term investor is somehow " lazy " and cannot make money , and its certainly pretty easy to pick out many examples between 1998 - 2008 , no - one has a crystal ball , you could be sitting here it 2018 and the result is opposite ! ..Does that mean trading not good ? obviously that would also be a ridiculous conclusion .

Also , you need all market forces , certainly including investors to create your trading opportunities , based on a market of all short term daytraders it would be more sensible to head to crown casino .

Yes , some of us may love watching trends , having stop losses , reading world wide financial information , endless education , and just like golf ..you will never have it beaten , without mentioning the social / mental issues involved in all this . It can be a life of solitude , and It worries me sometimes when I see how much time many of us spend here at wonderful hotcopper .

Markets will do what markets will do , there are many associated issues that will come into play , there is no exact conclusion one way or another , a fair measure might be the total taxable return achieved by the individual over a period of 10 - 15 years . For greed will always bring in the punter when times are good .

The really good short term news ( in my opinion ) is that there will be many many good trading opportunities in 2009 , It will be that kind of a market in 2009 .

Happy 2009 to all , thanks for the posts , been very interesting.