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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: stock talk who wrote (10818)8/22/1999 11:20:00 AM
From: LzzrdKing  Read Replies (1) | Respond to of 59879
 
<<concluded that 70 percent of all traders will lose and “will almost certainly lose everything they invest.” Only 11.5 percent of traders demonstrated the ability to do profitable short-term trading, according to Johnson's analysis.>>

I do not believe the results of SOES shops are representative of traders in general. Nor do I believe the study is valid, as I believe the sample group was small, namely a few SOES shops. I do believe that most day traders lose money, but most traders I know are not day traders, and many do very well.



To: stock talk who wrote (10818)8/23/1999 8:16:00 AM
From: MskiHntr  Respond to of 59879
 
Just getting caught up on the posts and I agree with you 100%. As they say "I've been there and done that" sometime or another in the last 30 years in this business. I try to learn every day, as the "market" doesn't care; we should continue to strive to enlighten each other, not be deterred from offering constructive advice and alert one another to pitfalls as we see them.

Best,
Joe


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