Does trans fluid wear out

Next time I will, I am new to this, and since no one else was posting at that time, I thought it would be a good time to gain some valuable knowledge. Sorry if you were offended, I thought this was an open forum, I did not know that you owned your own thread... my bad........ I guess that used to be your cup holder..............:oops:

thank you. I have a slammed 73 ironhead myself.