John Wells PhD Math OP DaytradeSwing : Trading that ignores, the fundamentals of the company is really just gambling and eventually you will lose all your money.  The only ones who make money on that are the market makers and to a lesser extent brokers.

John Wells PhD Math OP DaytradeSwing : Investing based on fundamentals is not gambling. It is buying part ownership in a business. I’ve been doing it for over 50 years and have consistently beaten the market by simply relying on fundamental analysis. The simplest way to do it would be to buy an S&P 500 fund or the Vanguard total index VTI, and you can expect returns of approximately 9 to 10% per year based on historical averages.  Unlike gambling or daytrading, if you do this long enough, you will make lots of money.

John Wells PhD Math OP John Wells PhD Math OP : And I guess it’s all a question of what you’re trying to do. If you’re trying to make money in the long haul, investing is the way to go. If you’re trying to and hope you get lucky then trading is for you but be aware if you trade long enough, you will lose all of your money.

John Wells PhD Math OP : 50 basis point FED cut bodes well for the market.