You will lose more in the stock market than in a casino

Discussion in 'Trading' started by derektrader, Oct 7, 2020.

  1. snowman80

    snowman80

    most people are attracted to day trading because they are grossly undercapitalized

    when you are undercapitalized you have to go for knockouts to make it worth your while

    when you go for knockouts you open yourself up to be knocked out

    and so most get knocked out eventually
     
    #21     Oct 7, 2020
    zwangerz and cdcaveman like this.
  2. Dazz

    Dazz

    failure rates are revealing and often hidden: only 86 of the original SP500 are listed; all others failed and were removed. Just recently Harley-Davidson Inc and Nordstrom Inc. If still include the ROI on SP500 would be -4008%.
    Even DOW swaps out weak (GE) for strong (Walmart); Amgen and Honeywell were added to the Dow, replacing Exxon-Mobil, Pfizer and Raytheon Technologies.
     
    Last edited: Oct 7, 2020
    #22     Oct 7, 2020
    scoobie27 likes this.
  3. deaddog

    deaddog

    Those that moved to the fast food industry were rapidly promoted; especially those who came to work every day!! :)
     
    #23     Oct 7, 2020
  4. zdreg

    zdreg

    Pray tell what is the difference between flipping burgers and flipping stocks?
     
    #24     Oct 7, 2020
  5. deaddog

    deaddog

    Flipping burgers you get paid every day. Flipping stocks not so much.
     
    #25     Oct 7, 2020
    never2old likes this.
  6. zdreg

    zdreg

    There is no difference between flipping burgers and flipping stock. "If you can't take the heat, stay out of kitchen."
     
    Last edited: Oct 7, 2020
    #26     Oct 7, 2020
    deaddog likes this.
  7. Zor_Champ

    Zor_Champ

    Another day, another demoralization thread.
    *Yawn*.
     
    #27     Oct 7, 2020
  8. Overnight

    Overnight

    I thought GE was swapped out for Walgreen Boots Alliance?
     
    #28     Oct 7, 2020
  9. Dazz

    Dazz

    there are some day trading bots I have found that do exceptionally well at day trading futures:
     
    #29     Oct 7, 2020
  10. Dont get me wrong, there are some very successful traders but lets be honest, most fail.
     
    #30     Oct 7, 2020