Hi! Thanks for your quality reply! You might be right, as always. But there is actually research on this, I dont know where i read it or heard it, but it is 25-75% and its across all specters of investors, not just daytrading. I think you're quoting from your empirical observations during your carreer as a daytrader. But you might be right. Its good to have a heavy hitter like you with us oportunis. Best regards Dr DMD