Pot Stirring

Monday, March 11, 2024

The fate of day traders is making money or losing money—either or both. Today’s market is losing, falling quick as hot stones leaving bare hands. These are turbulent (AI) times, and stock picking is a wild play-escapade: place bets on a few horses and watch ’em go! A fun ride when potential losses are affordable.

During our lifetimes, we gamble constantly; our choices can make us happy, or less so, or ugg, leave us not at all. Reflecting backward, I find that major life events have evolved from a series of small choices. The smalls that accumulated eventually offered major choices.

Being clear-headed about the pros and cons of making decisions is essential. An advantage of aging is having experienced many decision pitfalls, failures, and successes. Those experiences help with understanding more decision elements that require full consideration.

It feels like I’m always trying to decide something; it could be as simple as what’s for dinner. Decisions, decisions. The bigger decisions, like riding on the stock market, force our emotions swiftly upward and downward. On the bottom line, we’re rarely certain about any decision outcome. We’re placing our bets and going for whatever may happen next.

Dear Friends: Trading, gambling, and deciding–one-pot stirs. Diana