Sure, I can do it all by hand, the key here not speed, but automation... I rather be fishing or drinking beer by my pool instead... Trading fees: 5$ fee on $50k/$100k position is frankly irrelevant for example...
The only exception to the rule would be if one has some sort of technical advantage (e.g. HFT infrastructures) or "insider" information.
Was curious to hear if you have any resources that in your opinion could make me change my stance? Thanks
https://en.wikipedia.org/wiki/More_Money_Than_God
My message is this: do not settle for the average - everyone can be a doctor, lawyer, developer, speculator, you just need the drive and to put the hours...
Passive investing for me is a big mistake, because it ignores the risk management, especially for small accounts (less than few millions), people just cannot afford to be losing money for extended periods of time, just look into Japan's Economic Bubble and Nikkei index, every passive investor in it is still at about 50% loss for almost 30 years and counting...
To make money in the stock market, you have to have a system that makes money, not only on the way up, but on the way down as well... For me, personally, my money are too important to leave them to such a "buy and hope" investing strategy...