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by _9omd 701 days ago
A similar thing happens with stock and crypto traders. They do a ton of trading during a bull market and feel like a genius, because they bagged a few big wins, but they downplay all their big losses. At the end of the year and once short term capital gains are factored in, they end up making less than the total market index, but due to poor record keeping are convinced they’re some kind of trading savant. Once the market turns down they’ll likely lose it all and be forced to become a social media influencer selling bullshit trading courses to unsuspecting victims.