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Re: A deleted message

Monday, 01/13/2020 4:28:49 PM

Monday, January 13, 2020 4:28:49 PM

Post# of 203914
Do you know how many times I've misplayed a trade?

Almost every time.

That doesn't mean I'm not making money.

I try and keep it real because I get a little chuckle over many posters perfect timing.

In at the low of the day and out at the high.

Funny stuff.

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%.