No. of Recommendations: 5
That study is fundamentally silly. All it shows, assuming that it shows anything, is that some people - perhaps most people - do not know how to trade.

From this you could take at least one of the following two courses of action:

(1) Stop trading.

(2) Learn how to trade, which means how to pick what to buy and how to know when to sell.

If you have ever been a lifeguard, as I have, you soon discover that the majority of people in the pool at any time are terrible swimmers. They are not likely to drown, since they can generally get from point A to point B safely (particularly when it is a swimming pool, and A is not that far from B). You might conclude from this that it is impossible for people to learn how to swim well. So swimming classes are pointless.

Nevertheless, the people who did attend swimming classes, and who practiced for some time in the pool, did usually get to be better swimmers. In fact, some of them became excellent swimmers, swimming a mile or more in laps every day. All it took was discipline, instruction, and practice.



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