Since I run online businesses, I’m in a good position to leverage my knowledge/experience and buy/sell domains regularly. I don’t buy/sell stocks regularly, I don’t buy/sell commodities regularly and so on. In other words, I’m a domain trader but *not* a stock/commodity/whatever trader, let me explain why.

First of all, it’s important to understand that being an investor isn’t the same thing as being a trader.

Investors occasionally buy/sell certain assets, while traders do it more frequently or even for a living.

For example, when buying your house, you’re a real estate investor, whereas a house flipper is a trader.

Again, the distinction here is that traders buy/sell more frequently than investors, which brings me to the point of this article.

In other to be a good trader, you have to work extremely hard and realistically speaking, there’s no way you can be genuinely good at lots and lots of different things.

I run online businesses and buy/sell domains because these two occupations complement each other.

I may invest in stocks every now and then, for example, but I don’t want to be a stock trader for the simple reason that it’s physically impossible for me to invest the time it takes to become good at it.

Life’s all about making choices.

I chose running online businesses and domaining, maybe you’ll choose a different path but the bottom line is this: as the title of this post says, you can’t be good at everything… you just can’t.