Prepare to be amazed by the vastly different outcomes achieved by two pilots who each invested $1,000,000. You won’t believe the stark contrast in their results!
Now, meet John, the Consistent Investor, and Mike, the Aggressive Trader. Both are retired airline pilots. John has always been a careful and deliberate investor, preferring to stick with lower-risk strategies that may not yield the highest returns but are less likely to result in significant investment losses and long periods of time without any growth (also known as drawdowns). Mike, on the other hand, is a risk-taker who believes that faster-moving stocks mean a greater payoff and that the more trades he could make, the more potential he would have to grow his account.
This post appeared first on Technical Traders Ltd.