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Re: mariosmack post# 92016

Wednesday, 05/17/2017 9:05:28 AM

Wednesday, May 17, 2017 9:05:28 AM

Post# of 203913
I am very comfortable with my position because this will go over $3+ this year.

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%.