Re:Almost 80% of Private Day Traders Lose Money
by unabst on Monday August 22, 2016 @09:56PM
(#12340830)
But the problem is no one is day trading to contribute to the balance of the system. They do it purely to make money or because they have a gambling problem.
> There must be some smart players out there that are doing efficient capital allocation
Right. Either that, or they're encouraging day trading from behind the scenes (which would totally explain the financial news networks). And that's why the system frightens the shit out of me.
> There must be some smart players out there that are doing efficient capital allocation
Right. Either that, or they're encouraging day trading from behind the scenes (which would totally explain the financial news networks). And that's why the system frightens the shit out of me.