{"id":71,"date":"2023-10-26T22:32:07","date_gmt":"2023-10-26T21:32:07","guid":{"rendered":"https:\/\/bullbearduck.com\/?p=71"},"modified":"2023-10-26T22:50:07","modified_gmt":"2023-10-26T21:50:07","slug":"active-trading-is-dangerous","status":"publish","type":"post","link":"https:\/\/bullbearduck.com\/index.php\/2023\/10\/26\/active-trading-is-dangerous\/","title":{"rendered":"Active Trading Is Dangerous"},"content":{"rendered":"\n<p>While I do believe it&#8217;s possible to beat the market long-term, most people who try fail. To use the language of my wife&#8217;s family, most of us aren&#8217;t &#8220;special bunnies&#8221; when it comes to unearthing great, new trading schemes. If you&#8217;re going to beat the market consistently (aka Warren Buffet and whomever else you want to name), you need a great strategy that has performed well under significant backtesting and that you have reason to believe should continue to do well in the future. For example, I backtested my strategy with 60 years of data. If you don&#8217;t have a great strategy, you need to hitch your wagon to somebody else who (a) has a strategy you trust and (b) ideally doesn&#8217;t charge more in fees compared to how much the strategy is likely to beat the market. <\/p>\n\n\n\n<p>The investing landscape is not an even playing field. There&#8217;s insider trading. There&#8217;s high speed trading. There&#8217;s AI driven models. There are institutional investors. I can go on and on. You&#8217;ve got to find advantages that others ignore.<\/p>\n\n\n\n<p>If you do come across a great strategy, be patient. For example, I seeded my experiment being posted about here with less than 10% of my nest egg. I&#8217;m angling for steady compounding returns over time, rather than winning one big bet in the near term. <\/p>\n\n\n\n<p>I&#8217;m hoping this site can be a boon for somebody who wants to actively trade but otherwise had no access to a winning strategy. While I&#8217;m admittedly self-confident, there&#8217;s also 100+ hours of research intermittently over ten years layered on top of a bunch of econometrics and finance education behind what I&#8217;m posting today. Hopefully, we&#8217;ll find that my strategy is a steady upward climb rather than a fun year at the stock market &#8220;casino.&#8221; And if it&#8217;s not, I hope you took my advice above to be patient and not plow too much money into one investment idea. After all, how well do you know me? \ud83d\ude09 <\/p>\n\n\n\n<p>Lastly, be a good steward with what God has entrusted you (whether a lot or a little)! &#8220;No one can serve two masters&#8230;You cannot serve God and money.&#8221; Matthew 5:24. &#8220;He who loves money will not be satisfied with money&#8230;This also is vanity.&#8221; Ecclesiastes 5:10. I want this site to help people, but if you treat the investing advice here as a panacea for your problems, you&#8217;ll be sorely disappointed. I have back problems, a chronic sinus infection, a special needs child, challenges at work, etc. Ultimately, this strategy is not my source of hope for the future. Please, keep life in proper perspective.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While I do believe it&#8217;s possible to beat the market long-term, most people who try fail. To use the language of my wife&#8217;s family, most of us aren&#8217;t &#8220;special bunnies&#8221; when it comes to unearthing great, new trading schemes. If you&#8217;re going to beat the market consistently (aka Warren Buffet and whomever else you want&hellip; <a class=\"more-link\" href=\"https:\/\/bullbearduck.com\/index.php\/2023\/10\/26\/active-trading-is-dangerous\/\">Continue reading <span class=\"screen-reader-text\">Active Trading Is Dangerous<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-71","post","type-post","status-publish","format-standard","hentry","category-blog","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/posts\/71","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/comments?post=71"}],"version-history":[{"count":3,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/posts\/71\/revisions"}],"predecessor-version":[{"id":76,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/posts\/71\/revisions\/76"}],"wp:attachment":[{"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/media?parent=71"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/categories?post=71"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/tags?post=71"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}