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Smallville

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Smallville

Re: Wrinkles post# 18096

Tuesday, 10/17/2017 8:44:39 AM

Tuesday, October 17, 2017 8:44:39 AM

Post# of 25303
Oh, that's my game here.

Flipping 7000 shares is fantastic.

1 flip per week with a .20 gain gets you $1400/week.

Round number of $1000 after taxes, etc. and that's a real sweet job, my friend.

$50g year.

Small ball is the safe play.

Why do 99% of day traders lose money?

They trade on a fundamental misconception about the nature of stock prices, namely that they are somehow persistent and predictable.

In other words, they pattern trade until they lose money. 99%.

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