That’s what I was trying to clarify. Someone who randomly picks stocks and sits on them would more than likely beat doing nothing.
Once you start getting into day trading now you have to beat transaction and tax friction and you don’t get the benefit of the market raising all boats because you aren’t holding it long enough to matter.
That’s what I was trying to clarify. Someone who randomly picks stocks and sits on them would more than likely beat doing nothing.
Once you start getting into day trading now you have to beat transaction and tax friction and you don’t get the benefit of the market raising all boats because you aren’t holding it long enough to matter.