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Re: PennyStockin post# 142819

Sunday, 08/20/2017 9:01:36 PM

Sunday, August 20, 2017 9:01:36 PM

Post# of 211609
Don't get too locked in to any position.

It's ALWAYS a moving target.

Let's see what the financials bring.

I think a $25,000-50,000 decline in sales.

If I'm wrong I'll admit it here.

Predictions, anyone?

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%.