FYI, passive investments doesn't scale, and when attempted, such as now, will cause increased volatility by reducing trading float. . same demand, cut the supply in half, prices get more volatile based upon active management demand/supply valuations. . . So investing and trading doesn't scale forever, is non linear, has physical and virtual limits, for normal human survival brains, is counter intuitive. . . makes it a very difficult game to win [b]consistently[b/], but you don't have to win, you just have to survive and avoid the pitfalls.
The first key is that due to survivorship bias, the market has an inherent growth bias, which is from bottom left to top right.
The second key is that the daily market goes up 70% of the time from buying, limited to daily dollars
the daily market goes down 30% of the time, from lack of buying at prior prices. . . unlimited downside potential
if the down moves are 2-3X percentage of the up moves. . it pays to just avoid or profit from the down days. . . so identifying those days and weeks are the key to survival and consistent growth.
simple. . right?
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