VAN 0.00% 4.7¢ vango mining limited

VAN Chart based prediction, page-5

  1. 1,522 Posts.
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    Are you sure you've lost money due to management and not chart based trading?:

    "Academics largely see technical analysis as pseudo-scientific nonsense. ... Buffett has said he “realised that technical analysis didn't work when I turned the chart upside down and didn't get a different answer”. To Lynch, charts “are great for predicting the past”.11 July 2017


    Anyone who starts down the road to becoming a trader eventually comes across the statistic that 90 per cent of traders fail to make money when trading the stock market. This statistic deems that over time 80 per cent lose, 10 per cent break even and 10 per cent make money consistently.10 Feb 2021

    According to the stock platform Etoro, they found that a whopping 80% of day traders lose money over the course of a year with the median loss of -36.30%! It's no surprise more than 75% of all day traders end up quitting within just two years."
    DYOR
 
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