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Re: Farmer7 post# 106305

Friday, 07/28/2017 7:44:53 AM

Friday, July 28, 2017 7:44:53 AM

Post# of 203914
The price has been in steady decline for awhile.

Yesterday saw a big drop on heavy volume.

The trend is 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%.