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Re: swamp boy post# 155401

Thursday, 12/20/2018 10:50:46 AM

Thursday, December 20, 2018 10:50:46 AM

Post# of 203912
I only have 20,000 shares in my Roth.

Why?

Most drugs fail during Phase 2.

If the cream fails this is going down to .01/share.

Yes, I know...the patents are worth 'billions'...we'll sign agreements...etc...

OWCP is highly speculative at this point.

OWCP

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%.