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Re: Lonewolf1 post# 181842

Thursday, 01/23/2020 4:09:39 PM

Thursday, January 23, 2020 4:09:39 PM

Post# of 203917
I sold my 40,000 at .06

Grand total of $120

One more trade needed for a super superbowl.

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%.