Corpus ID: 168544846

Do Individual Day Traders Make Money? Evidence from Taiwan

@inproceedings{Barber2004DoID,
  title={Do Individual Day Traders Make Money? Evidence from Taiwan},
  author={Brad M. Barber and 李怡宗 and Yu-Jane Liu and Terrance Odean},
  year={2004}
}
When an investor buys and sells the same stock on the same day, he has made a day trade. We analyze the performance of day traders in Taiwan. Day trading by individual investors is prevalent in Taiwan – accounting for over 20 percent of total volume from 1995 through 1999. Individual investors account for over 97 percent of all day trading activity. Day trading is extremely concentrated. About one percent of individual investors account for half of day trading and one fourth of total trading by… Expand
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