Clueless wrote:Please help. Is it better for me to just go to the casino?
Depends on which casino, and what activity.
Unlike most gambling, investment returns--on any timeframe--depend not on ODDS but on patterns and probabilities, based on speculation concerning objective realities.
Obviously, the shorter the timeframe the more a kind of randomness shows up. To some extent a daytrader should think of him/her self as a miner of noise. The day to day movement is pure 'noise' to a long term investor. But... there is always a signal-to-noise ratio, and the underlying trend is the primary signal. Discern that.. and then expect price-surprises to skew in that direction.
If one truly feels clueless a quick and fruitful way to get 'clued' is to pay close attn to the rules and principals the Cobra sets down in the way of guidance.