InvestorsHub Logo
Followers 0
Posts 75
Boards Moderated 0
Alias Born 03/12/2013

Re: PennyMann post# 316

Thursday, 12/19/2013 9:20:43 AM

Thursday, December 19, 2013 9:20:43 AM

Post# of 395
So as not to be lost-in-the-shuffle; in the words of Tagore, let me not forget for a moment - the poster child for the Dunning–Kruger effect. (I"ll forgo cutting and pasting the definition from Wikipedia, and allow you to look it up, Penny.) I very much understand your perspective; it's the perspective of every retail trader in existence, and the reason why retail traders make money some of the time, and lose money most of the time, while professional traders make money most of the time, and lose occasionally.