Stop Donating publishes financial and trading education and commentary for informational and educational purposes only. Nothing here is financial, investment, or tax advice, or a recommendation to buy or sell any security, option, or other instrument. Trading and investing carry substantial risk, including the total loss of capital; most active traders lose money. Past performance never guarantees future results. Never risk money you can't afford to lose, and consider consulting a licensed financial professional. Some outbound links are affiliate links; we may earn a commission at no additional cost to you. All product names and trademarks belong to their respective owners.
SOURCES:
Day-trader profitability (~1% net of fees; ~90% of active traders unprofitable): Barber, Lee, Liu & Odean, "The Cross-Section of Speculator Skill" · Active traders trail a buy-and-hold index by ~6.5%/yr on average: Barber & Odean, "Trading Is Hazardous to Your Wealth." Figures describe historical averages and are not predictive.
© Stop Donating · stopdonating.com