97% of Day Traders Lose Money; Only 0.04% Earn More Than $54 a Day
The 10th most downloaded SSRN (social science research network) paper of the year The abstract reads: “We show that it is virtually impossible for an individual to day trade for a living, contrary to what course providers claim. We observe all individuals who began to day trade between 2013 and 2015 in the Brazilian equity futures … Read more