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

Re: Gonfishun post# 161004

Friday, 02/08/2019 2:38:47 PM

Friday, February 08, 2019 2:38:47 PM

Post# of 203916
Yes. They'd have a few days for their 4's.

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%.