Almost 80% of Private Day Traders Lose Money

Re:Almost 80% of Private Day Traders Lose Money by naveen99 on Monday August 22, 2016 @11:53AM (#12337187)

If your minimum bet is $1000, commissions are less than 1%. As long as you don't over leverage, the expected return should be positive relative to s&p if you sell options. But you got to hold them to collect some premium.

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Re:Almost 80% of Private Day Traders Lose Money by nicholas73 on Monday August 22, 2016 @07:25PM (#12340147)

This was about daytrading, where you would be lucky to find a stock that moves 10% intraday.

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Re:Almost 80% of Private Day Traders Lose Money by Blackthorn on Monday August 22, 2016 @11:15PM (#12341129)

Plenty of those stocks exist. We just talked about two of them the other day - CXW and GEO.

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Re:Almost 80% of Private Day Traders Lose Money by nicholas73 on Tuesday August 23, 2016 @12:57AM (#12341498)

Are you saying you make 10% trades every day?

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Re:Almost 80% of Private Day Traders Lose Money by Blackthorn on Tuesday August 23, 2016 @10:33AM (#12344012)

No I'm not, and I don't see how that is relevant. You claimed that it was hard to find stocks that moved 10% in a day. I show that this is not the case.

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Re:Almost 80% of Private Day Traders Lose Money by nicholas73 on Tuesday August 23, 2016 @04:17PM (#12347194)

I claimed it was hard to find stocks that move 10% intraday, in the direction you want, before they have moved 10%. Trading is about profit after all.

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