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Re: Moonbound post# 114466

Tuesday, 09/26/2017 11:38:34 AM

Tuesday, September 26, 2017 11:38:34 AM

Post# of 203913
I think it's pretty safe to load sub-.20s.

.18 would be fine.

Can this get back to .36? 100% on your money.

Can this hit .27? Easily. 50% on your money.

At that point holding for 6 months is very doable.

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%.