>>20707281>To beat the market over long stretches of time, you either need access to information that others don't have, or you need to have some above average level of ability or skill.You need neither of these. You need to understand the following concepts:
1. This is no special information to be had. Not for (you) and me.
2. You can equal the market by just holding the market. So just SPY and QQQ or whatever flavor of that.
3. You lose to the market by making repeated high risk bets without a contingency plan (killing yourself is not a profitable contingency plan)
4. You also lose to the market by getting too far up your own ass about fundamentals and your opinion about what the market ought do instead of being concerned about what it is doing. When you make trades based on what you think the market should do based on the fundamentals as you understand them you will lose and lose and lose some more until you finally admit you were wrong. When you admit you were wrong and exit the trade, the market will now reverse course.
