Exactly. Few people get the difference.

Speculative trading is not investing.

Professional trading, esp with leverage, is extraordinarily difficult to gain the required mentality, discipline, knowledge, and skills be consistently profitable. The common saying is that 90% fail, I believe it's higher, perhaps much higher. Learning trading was the most difficult thing I've done in my life. It's hard in a way most people don't grasp.

Yes, I'm talking about speculating though the difference is basically just in the holding duration of your stocks. If you're trading every day, that's speculation. If you buy and hold for 10 years, that's investing.