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Re: stockfan100 post# 108499

Monday, 08/07/2017 10:08:28 PM

Monday, August 07, 2017 10:08:28 PM

Post# of 203914
A little patience goes a long way.

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%.