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Technology Stocks : AUTOHOME, Inc

ATHM 23.76

+1.2%

Nov 28 9:30 AM EST

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To: ahhaha who wrote (14001)	8/11/1999 12:24:00 AM
From: Ron Dior	Read Replies (1) of 29970

<<They only gave you one time frame. Next time frame it's 70% and who is the loser is random. So in each frame 70% lose. In n frames that's (.70)^n who win. Actually the figures for traders are nearer to 95% and option players 98%. So ((1-.95)^n)*(# of players) so in 5 years with 10 million traders, none succeed. This is born out by brokerage house statistics which are closely guarded secrets. At 70% one in 500 can expect to have succeeded in 5 years, so there are lots of guys sitting around ahead.>> Ahhaha you kill me. You must be a hoot at parties! You can use any mathematical equation you'd like, but the fact still remains that not "ALL" traders lose money. Remember the only people who are not traders, are ones that do not play the market. Whether long or short term, we all trade at some point in time. Even you Ahhaha. Your not figuring your own trading style using only one time frame are you? Ron Dior

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