Wrong Way? Street Signs Point to Speed
Wednesday, May 30th, 2007
Wall Street Journal - Bernstein chief investment officer Vadim Zlotnikov, the average holding period for stocks on the New York Stock Exchange and American Stock Exchange last year was less than seven months. In 1999 — stereotyped as a time of rapid-fire day trading
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Courier News - Day-trading is risky. It’s estimated that 75 percent to 90 percent of day-traders lose most or all of their money. It’s more like gambling than investing, since day-traders tend to know very little about the companies behind the stocks they trade

