XJO 0.28% 8,114.7 s&p/asx 200

wink fails at daytrading, page-70

  1. 2,499 Posts.


    Day trading is a loser's game, but it does not mean every single participant will come out a loser. But I will say this, those day traders who come out a winner in the long run are probably more lucky than anything else. It just does not make sense to me, how people can buy companies without really knowing what they're buying, and still end up on top. The value of a company will never be determined by lines stock graph, and it will always be determined by facts. If a person is not even aware of the relevant facts to determine the value of that particular business, it is really hard to see how they can consistently make money.
 
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