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Re: williamjf77 post# 102779

Tuesday, 07/11/2017 4:42:23 PM

Tuesday, July 11, 2017 4:42:23 PM

Post# of 203921
I saw them on top of the bid this afternoon.

What's their game?

Maybe covering a short position?

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%.