Wednesday, March 31, 2010

Day trading is a bad idea

Day-trading is one of the dumbest jobs there is. According to one academic study, 4 out of 5 people who do it lose money and only 1 in 100 do it well enough to be described as "predictably profitable".

This includes day trading in the stock broker's office or at work.

Here's What Day Traders Don't Understand [via]

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