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Re: Smittytnt post# 141713

Wednesday, 08/16/2017 11:47:47 PM

Wednesday, August 16, 2017 11:47:47 PM

Post# of 211644
I'll have whatever you're having.

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%.