LitheInvestments'  Instablog

Send Message
Multi-contest winning Forex Trader looking to help the average Joe trader to avoid the traps of over trading and losing your shirt to the spread.
  • Are You Better Than Statistics? Why? 0 comments
    May 31, 2012 9:11 PM

    Are you better than statistics? Why? It's been shown the VAST VAST majority of day traders lose money, and for good reason. You're up against Ivy league students, trading robots with million dollar algorithms and trading teams that work all day to try and find patterns to profit from the markets.

    One question that's very important to ask yourself AND to know the answer to is: Why am I better than the majority of day traders? What makes my trading approach more effective? If you don't have an answer to this, imo you are very much asking to lose money in the markets. Better for most would be to take a longer term approach or seek professional advice..

Back To LitheInvestments' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.