Are new traders who didn't put the work in, don't have the knowledge of how the game works or who don't possess the needed trading skills, who jumped in on the bull bandwagon late and didn't take profits or cut loses losing $ ? Yes.
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Is the long term investor losing back money this year?
Yes. Long term investor always do badly in a bear market. They will lose money 100% of the time even if they are diversified.They are passive and totally at the whim of the market.
