Submitted by addy_daddy_07 t3_yg0unt in Showerthoughts
bajungadustin t1_iu8cgd9 wrote
So if I gained 70k on stocks in the morning but lose 80k in the evening making it a bad day.. Its somehow worse than losing 70k in the morning and another 80k in the evening?
hrthrtbverv t1_iubl8s2 wrote
this is the perfect analogy to explain why a bad day ending good is much better!!!
WeissMISFIT t1_iu8pj8a wrote
TFW when you're trading with tens of millions and losing 150K is just around 1% of your account.
Stocks were a terrible example bro, it's not about $ but about %.
bajungadustin t1_iu8pt6w wrote
What? It was about having a bad day or not. Both of those are bad days. But one was better and not the one the OP suggested.
No matter what your portfolio is losing money is generally bad. It might be less of a bad day when you are a billionaire but that wasn't really the point.
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