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originally posted in:TFS The Floods Sanctuary
4/19/2013 3:54:21 PM
7

7/10 day traders lose money

Multiple sources on these statistics, but I was wondering why is there such a big failure rate in day trading. I been doing a lot of research on it, but I don't see why it can be as risky as investing, because you can keep your positions even if they go down and wait it out, except for futures and such. I still want to day trade, but I know going to a training program is just a scam so I figure I will learn by myself and from my work experience.

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  • Its the same as gambling the more money you have to start the less risks you have to take. You can wait out trends until they are in your favor. If you want to head in that direction save money build some capital so you have something to fall back on should you falter early on when you are experimenting

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