Share
5,511 Posts.
lightbulb Created with Sketch. 1391
clock Created with Sketch.
14/01/22
18:45
Share
Originally posted by aniesbaswedan:
↑
Nope, I based it on specific analysis of the behaviour of the individual in question, which I have already elaborated on. Most people lose money investing in the sharemarket and I have already explained the pure, mathematical logic behind why that MUST be the case. As for "bottom" and "peak", no one would ever lose money buying stocks at bottom prices. The only way people lose money is when they buy at high prices or in other words known as "peak". Do you understand now?
Expand
Oh really? So my previous example. Someone buys at $10, it goes to $100, then back down to $9.9 before selling.... thats a loss... is it near the peak? You sound like you have high IQ so you should be able to work it out.
Originally posted by aniesbaswedan:
↑
No he doesn't work in finance, I can assure you. A person with such level of numeracy and literacy skills cannot work in jobs that require higher order thinking. At best, he would be working as a teller or in the reception area in a bank if finance is the industry that he claimed to have worked in. He also has made losses overall, albeit the amount is smaller relative to others here. That is why he is feeling a little bit of pain but not as much as everyone else. Most people who have made the big bucks tend to be quiet and never post in the stock that they have made money in.
Expand
thats some big a$$ IQ you got there, master investor, master mathematician and now master psychologist. Phew you've got it all.