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Re: moxa1 post# 133713

Wednesday, 03/14/2018 9:33:31 AM

Wednesday, March 14, 2018 9:33:31 AM

Post# of 203912
And things may be fine in the long term.

That has ZERO to do with INVESTING now.

No new investors and the price goes down as flippers and scalpers leave to look for a more immediate return.

Not 2-3 years from now.

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%.