I saw an interesting 1 hour show on TV about day traders. The main statement was that most day traders lose for the year. They will win some picks but the “law of averages” applies to them just like to all gamblers. They win some lose some. No one can win all, no matter how smart they are. It does sound easy; buy low, sell high! But things happen that cannot be anticipated. And “Murphy’s Law” is at work too! No offence Murph.
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