Small Traders Cannot Consistently Beat the Stock Market

Experience as well as independent research show that in and out trading will not be profitable over time. Yes, occasional winners, due to rare market aberrations, are possible but this only adds to further incentives for needless speculation.

Fees, as small as they may appear, and slippage, will add in tipping the odds against you. Moreover, the market is over 70% professional and has use of more effective mathematical models for so-called flash trading that gives pros the advantage in the game the small traders have entered. (See the Earl J. Weinreb NewsHole® comments.)