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A comment on Almost 80% of Private Day Traders Lose Money. Parent comment
You can expect, on average, to perform as well as the market, less your trading fees (which for most of us small-timers are ~$10 per round trip).
The problem is not knowing the odds (and hence expected earnings) ex-ante. That said, horse racing would probably be the best analogy.
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You can expect, on average, to perform as well as the market, less your trading fees (which for most of us small-timers are ~$10 per round trip).
The problem is not knowing the odds (and hence expected earnings) ex-ante. That said, horse racing would probably be the best analogy.