It’s a well-known but still stunning statistic: About 80-90% of people who frequently trade the market end up losing money. Not only does research conclude that frequent traders rarely turn a profit, but a Senate Governmental Affairs committee concluded that those who do end up cashing in are mostly the […]
A 200-point drop in the Dow Industrials is as good a reminder as any that it’s important to play both offense and defense with your investment strategies, says Charles Sizemore, portfolio manager on the Covestor platform.