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Re: MjMilo post# 133893

Thursday, 03/15/2018 1:10:16 PM

Thursday, March 15, 2018 1:10:16 PM

Post# of 203913
I wasn't specific enough, so my bad.

I was referring to the studies that should have begun last year.

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%.