Revisiting this article (research) again: Do Individual Day Traders Make Money? Evidence from Taiwan http://faculty.haas.berkeley.edu/odean/papers/day traders/day trade 040330.pdf the occasional day traders can be those that are trading their retirement accounts: they fair far worst than heavy day traders. It is obvious those that day trading their retirement accounts will be wiped out More proofs are coming
A majority of traders are undercapitalized You have to have the capital , skill set & dicipline to trade your plan effectively
Smearing shit on a piece of paper would be a valid counter to the academic arguments. Bring them on. Google images of faeces for the ripostes. From the genius nobel prize winners that first brought you LTCM... emg is the rain man of Et -over 4000 posts with the same message. Mental illness seems a strong possibility. Got his mba in a cracker. Bet he can't wait to see what new qualifications Xmas 2012 brings him.
more like 90% of people are simple. If you observe the average trader. you wil lsee their greed kills them every time. Nature. Can't be beat for the majority eho put no work into what REALLY works in the long run. ---------------------------------------------------------------------------------------- It's because people can't be simple. They tend to be very smart at things.
Really? ------------------------------------- How to trade properly? ---------------------------------------- Manage risk, cut losses, let profits run, treat it like a business not a gamble. the main reason peope lose = they gamble.