January 9, 2012
War Games - The Only Winning Move Is Not To Play
Fast forward to the end of the movie and the computer decides ultimately that the only winning move (in a nuclear war) is not to play.
This is a great analogy to trading the stock market. The only to way to win this game is not to play. Period.
Do not listen to someone who tells you that you can trade for a living or increase your returns by trading, by buying this and selling that. Its a losing proposition.
The only rational and logical approach to the stock market is to invest, that is to buy the indexes, not to trade.
This approach will land you in the top 10% of all participants in the market!
Posted by Scott Barclay