Ninjastic
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Board Trading Discussion
Re: Who are the 1% of traders who earn with trading?
by
Paycoinzzz
on 15/12/2020, 15:50:55 UTC
Quote from: as.exchange on December 14, 2020, 09:05:31 PM

•   Only 1.6% of traders remain profitable net of fees in the long-run

Who are in your opinion these ∼1% of traders? Why they are able to remain profitable? Are you sure you are one of them, if you include taxes, fees, etc.? Wink

1.6% of the winning traders are whales and whale followers.  Yes, im not kidding, this is true of any financial market.  That is why there is a very good saying in the financial markets, that the more money people have, the richer they are.

Margin trading, Futures, BO are all gambling;  The market and rich institutions are the bookmakers so your chances of winning are very low.
- I just want to tell the truth and hope the new traders here must be very focused when trading and never be subjective.  Getting rich by trading is a long project and you have to sacrifice a lot to become professional.  Trust me guys Wink