Quote:
Originally Posted by GrobbGangsta
[You must be logged in to view images. Log in or Register.]
Platitudes won't save you. Ruled ineligible for failure to make a point.
Day trading wipes out ALL of its participants. The only people who make money off it are the ones who write books about their fleeting success after they have been wiped out. Sorry brew.
|
I'm sure you would repeat that line for the next 50 years if you could.
"I know you are making money now, but someday it will wipe you out. People have told me so, and I also read a Time magazine article on it. I don't care how much money you have made, or how long you have been successful at it, day trading wipes out ALL of its participants. Really, for sure."
In the mean time, I will be enjoying the actual, real, cash money that comes in from it. If it wipes me out, does that mean someone is going to take away the motorcycle that I bought in large part with my day trading profits? Will I go back to owing on my car when it wipes me out? I just need your help to figure out how far the agents of my wiping out will go back into the money that I have already spent.