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Re: Pennywiserr post# 112032

Saturday, 04/22/2017 9:08:55 AM

Saturday, April 22, 2017 9:08:55 AM

Post# of 211618
People always tell me I need a sense of humor.

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%.