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Author: snapperreef Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19599  
Subject: Re: Dazed and Confused Date: 11/23/2010 2:01 PM
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Your having gotten whipsawed in a trading program is a common occurrence.

I just read an article about the ongoing SEC Insider Trading Scandals; in it the author states flatly that we individuals just can't beat the big guys.

From the perspective of small investors, the game that is played every day in the global financial markets is equivalent to the New York Jets vs. a high-school football team. And it should be no mystery which team the small investors are playing on.
So what's the smart answer for small investors in a world in which the competition is so unbelievably intense?
Don't play the trading game.
Instead, play a game you can win.
What's that game?
Long-term investing, preferably via low-cost, tax-efficient index funds.
The author and others say this strategy will beat 75% of the professionals.

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