$Tiger Brokers(TIGR)$ 100% agree with the veteran trader. But can't help but think there is a simple, yet far broader play left out of this discussion.
The stock market represents only one of a number of asset classes, the big picture is what provides protection and profits. Hedging assets, investing in diverse (and often inverse) investments covers losses and opens profit opportunities.
In s short, and in-keeping with keeping things simple, diversify, hedge and manage risk not reward.
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