InvestorsHub Logo
Followers 136
Posts 12335
Boards Moderated 0
Alias Born 09/02/2001

Re: Wrinkles post# 18071

Monday, 10/16/2017 8:47:44 AM

Monday, October 16, 2017 8:47:44 AM

Post# of 25303
Bought 2500 at 10.25

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%.