From (5/17; Chuck Jaffe; MarketWatch.com):
"Sure, the game teaches folks that they can beat the market. But it’s only a few participants — in the game or the real thing — that do. What real life proves is that you’re probably better off if you forget about “beating the market” for any long stretch of time, and simply make sure you are participating in it — with a balanced, cautious, diversified approach — for a lifetime."
Somehow the whole article cannot be downloaded (my computer glitch) -- SB/Ken: help.
My point is that the stock market is not a game:
1. It is long term (short-term (say 1-2 years) gain or loss means nothing), the recent gain is good, but can it be sustained?
2. If one cannot dedicate sufficent time for in-depth learning and experimenting, it is much more prudent to develop a balanced, cautious, diversified portfolio according to one's time horizon and risk tolerance.
3. Bear in mind, the stock is representative the company's long-term fundamental financial perspective; thus a value-centric approach which study the basic evaluation of the said stock is crucial.
4. It is real money (i.e., one's hard-earned savings) that is at stake; it is NOT paper loss, as Wall Street would like to put it lightly. It will be REAL loss, if one is not prudent.