Hi All,
FYI,
Day-Traders Lose Big, Still Live in Denial: 77% of American Traders are “Losers” While 82% of Day-Traders in Taiwan-China Are Bigger “Losers”.
Behavioral finance researchers have studied the performance of stock market traders in both America and Asia. Interestingly, they discovered that traders in both countries under-perform the world’s broad markets by significant amounts. One study analyzed 66,400 accounts at a major Wall Street firm over a seven-year period. Another studied all the active traders on the Taiwan, China exchange.
Read the full article:
source
FYI,
Day-Traders Lose Big, Still Live in Denial: 77% of American Traders are “Losers” While 82% of Day-Traders in Taiwan-China Are Bigger “Losers”.
Behavioral finance researchers have studied the performance of stock market traders in both America and Asia. Interestingly, they discovered that traders in both countries under-perform the world’s broad markets by significant amounts. One study analyzed 66,400 accounts at a major Wall Street firm over a seven-year period. Another studied all the active traders on the Taiwan, China exchange.
Read the full article:
source
http://wallstreetwarzone.com/the-more-you-trade-the-less-you-earn/
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