Why do people lose money on the market?

dbphoenix said:
Here's one of Bertie's old charts:
It's unfair as it's not one of his, but it's a fantastic chart. I believe the next day the price action unfolded this way:
 

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Slippery old crow requires another thread embracing superiority.
 
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blackcab said:
It's unfair as it's not one of his, but it's a fantastic chart. I believe the next day the price action unfolded this way:

The chart is wrong on all angles based on the 45 Degree
 
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