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Re: Wrinkles post# 18106

Tuesday, 10/17/2017 1:38:04 PM

Tuesday, October 17, 2017 1:38:04 PM

Post# of 25303
Sold my other 1/2 at 11.15

Sitting the rest of the day out.

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%.