The Peaks and Troughs of Day Trading
In the words of the world’s most successful investor Warren Buffet, there are only two rules to playing the stock market.
“Rule number one: Don’t lose money. Rule number two: Don’t forget rule number one.”
It’s a dangerous hunting ground for the average punter, but, that hasn’t deterred many from trying to make a quick buck between the breakneck speed of peaks and troughs in the COVID economy.
Associate Professor Gerhard Van de Venter, from the University of Technology Sydney’s Business School, is currently working on a deeper study into whether these investors are playing to win, or bound to loose.