RE: Found this interesting from American shorter31 May 2020 17:05
MMs are Market Makers for a reason. Not sure if there is any truth in it but apparently 90% of us guys lose 90% of our investment in 90 days. I think it’s more applicable to day traders but when I “traded” in the dot com boom bust days in 2000 me and all my mates lost everything so I do think there is some truth in it. The similarities to the dot com boom bust days to now are startling but I still can’t bring myself to set a stop loss. They can see them for sure and I’m sorry to say are a lot cleverer than us.