They are novices. When there is a bull market, yes, they can make money. But once the music has stopped, day traders will disappear. They will lose so much money, I tell you.
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This quote is just one of 9 total David Liu quotes in our collection. David Liu is known for saying 'They are novices. When there is a bull market, yes, they can make money. But once the music has stopped, day traders will disappear. They will lose so much money, I tell you.' as well as some of the following quotes.
They're cowboys. When you buy and sell something 20 or 30 times a day you're not an investor any more. These people are not investors, period. They're traders.
This quote is just one of 9 total David Liu quotes in our collection. David Liu is known for saying 'They are novices. When there is a bull market, yes, they can make money. But once the music has stopped, day traders will disappear. They will lose so much money, I tell you.' as well as some of the following quotes.