Paul Mitchell
United Kingdom
3m
I just wanted to put a few words down on the importance of separation of investment from trading, and trading from gambling. Just to be clear for anyone new to all of this, in a very simplistic way, investment is taking a medium to long term view of where to put your money to make more money. Trading is taking short term positions on if assets will go up and down in hours or days, making money in either direction if correctly picked. You would expect on average traders to be happy when assets move around a lot as there is more opportunity to make money. Unfortunately there is a widespread skill issue, and what you tend to find is lots of people with a ridiculous unhedged position, completely perplexed when the market didn't do what they expected, then instead of considering that mistakes were made, scream loudly about 'market manipulation' I see this a lot on my feed and it must be disconcerting for newer but more sensible investors to see these posts. If you listen to some you would think everything is rigged and no matter what you do you will lose. This is 100% not true, it's only some trading strategies which are guaranteed to lose, especially ones relying on leverage. Leverage is most used by people who shouldn't and often overlooked by people who might have a use for it in my opinion. You are borrowing to invest a bigger position, you get a bigger bang for your buck, you are amplifying the effects of small market movement. This is the region where investment can stop and gambling take over. Investors must be aware of, and ignore complaints and excuses gamblers make when they lose money. Not all traders are gambling, some have sophisticated hedges and are prepared for when they get on the wrong side of a trade, which will happen. These people, while they do exist, are rare in this platform, and don't complain in the feed when things move around a lot, its a good day for them, or at very least a missed opportunity day. I hope this in some way will bring some perspective and counterweight to the upvoted posts about market manipulation, and remember that although silver has had a bad day, anyone who has had an investment in it for more than a few days is doing very well. All the best, Paul
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