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bar1080

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bar1080

Re: None

Thursday, 07/02/2020 9:27:38 AM

Thursday, July 02, 2020 9:27:38 AM

Post# of 246
More Proof: "You can't Day Trade For A Living."

"Abstract
We show that it is virtually impossible for individuals to day trade for a living, contrary to what course providers claim. We observe all individuals who began to day trade between 2013 and 2015 in the Brazilian equity futures market, the third in terms of volume in the world. We find that 97% of all individuals who persisted for more than 300 days lost money. Only 1.1% earned more than the Brazilian minimum wage and only 0.5% earned more than the initial salary of a bank teller — all with great risk."

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101

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Because the Good Life is Just a Pump or Two Away

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