Why Smart Investors Are Selling Oil Stocks and Buying MLPs

It is often said that a very high percentage of individuals who trade in their own investment or brokerage accounts go broke within the first year. There have been several studies affirming that, so I don’t doubt that it is true, but to me the more interesting question than whether it is true is why it might be so. If you are attempting to take on the pros and trade intraday moves, then I get it. You are at a huge disadvantage in terms of order visibility, trade execution time, trade size, and a whole host of other things. But if you are…