Comments by "" (@jmitterii2) on "The Difference Between Trading and Investing" video.

  1.  @victoriasandra6  Skip the fake internet money and yes.
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  2. You can name our odds trading stoncks... and there are ways to mitigate risks. Outright gambling is worse... the odds are known and they're you're fucking better off lighting your money on fire than buying a mega million or powerball... even scratch ticket that you have 1 to 4 odds... you're better off placing "decent" trades on decent companies. Or really knowing the market and taking $20 or so dollars you would have thrown at lottos... to throw at at the money options on AAPL or some other jumpy stock same week or expiration for giggles. Because that can double or quadruple... just don't do it very often. Only as often as you would normally bought a lotto ticket lighting money on fire... instead... use that gambling money on higher risk bets on stoncks... or options if your so frisky. At least you have 50/50 odds... instead of near 0% odds of winning anything. SO I disagree with playing the lotteries or outright gambling at casinos... those free drinks are overrated. If you're going to gamble.... just buy some stocks. Worse comes to shove you can turn it into a long term play. Feeling frisky and have studied the price action on some stoncks... play a call or two short expiration for giggles. Or a strangle trade. Or hedge a trading swing position... selling CS put on one name and maybe buying some shares on another rolling a covered call. Writing options tends to be better bets than actually longing options since 70% of them expire worthless anyway.
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  3. I do dislike the idea that investing is a for sure thing over trading. They're both equally risky (considering you learn the skills of both)... don't learn the skills of either and you're screwed the same too. Both involve risks. And both can make you money or lose you money. One does it quickly, the other does it over a long period of time. Outcome can be the same.
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