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Re: MjMilo post# 14812

Thursday, 01/28/2021 1:02:27 PM

Thursday, January 28, 2021 1:02:27 PM

Post# of 22768
I reloaded in the .077 range.

Back to a full position.

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%.