Wednesday, May 17, 2017 9:05:28 AM
I'm wearing my big boy pants so it's easy to keep things in perspective. I don't have a melt-down with every tic up or down.
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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