They are too cautious to even make a move to start. They read all the magazines and watch every channel that has stocks scrolling down and still wait for the right moment.
They applaud every landmark the stocks cross and converse with their like-minded fence sitters how well the stocks are doing and wondering where it will end up. If you query when they would take the plunge then there will be a sheepish anytime soon response for sure.
There are fence sitters in people who have started off trading too. These are the people who would buy stocks, but are petrified to sell them or buy anything new.
They just sit and wait for things to happen. Its like stepping inside a pool and still being reluctant to swim. They act as a bad influence too; to camouflage their reluctance they spread rumors of doomsday theory all around in turn making the prospective fellow trader vulnerable to any transaction or trade.
They expect their friends around them to take the plunge and measure their success to understand the risks. The one who takes the lead would be the first person to face the hurdle, goes the adage. There are no free lunches. Quit being a fence sitter and jump in if you have the will to win.