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Re: Smason386 post# 160346

Tuesday, 02/05/2019 1:03:26 PM

Tuesday, February 05, 2019 1:03:26 PM

Post# of 203913
I repeated something without checking and I stand corrected.


https://www.bloomberg.com/research/stocks/private/people.asp?privcapId=1873971

IG, where did you get your information?

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%.