That is really interesting.
Do you have a link or study to backup these numbers?
Sure, here we go:
North American Securities Administrators Association (1999): Report of The Day Trading Grouphttps://www.nasaa.org/wp-content/uploads/2011/08/NASAA_Day_Trading_Report.pdfBarber, Lee, Odean (2010): Do Day Traders Rationally Learn About Their Ability?https://faculty.haas.berkeley.edu/odean/papers/Day%20Traders/Day%20Trading%20and%20Learning%20110217.pdfOdean (1998): Volume, volatility, price, and profit when all traders are above averagehttp://faculty.haas.berkeley.edu/odean/papers%20current%20versions/vvpp.pdfBarber, & Odean (2000): Trading is hazardous to your wealth: The common stock investment performance of individual investorshttps://faculty.haas.berkeley.edu/odean/papers%20current%20versions/individual_investor_performance_final.pdfKumar: Who Gambles In The Stock Market?https://papers.ssrn.com/sol3/papers.cfm?abstract_id=686022Barber, Odean (2001): Boys will be boys: Gender, overconfidence, and common stock investmenthttps://faculty.haas.berkeley.edu/odean/papers/gender/boyswillbeboys.pdfCalvet, L. E., Campbell, J., & Sodini P. (2009). Fight or flight? Portfolio rebalancing by individual investorshttps://scholar.harvard.edu/files/campbell/files/calvetcampbellsodini_qje2009.pdfBarber, B. M., Lee, Y., Liu, Y., & Odean, T. (2009). Just how much do individual investors lose by trading?https://faculty.haas.berkeley.edu/odean/papers%20current%20versions/justhowmuchdoindividualinvestorslose_rfs_2009.pdfGao, X., & Lin, T. (2011). Do individual investors trade stocks as gambling? Evidence from repeated natural experimentshttps://www.researchgate.net/publication/228204241_Do_Individual_Investors_Trade_Stocks_as_Gambling_Evidence_from_Repeated_Natural_ExperimentsStrahilevitz, M., Odean, T., & Barber, B. (2011). Once burned, twice shy: How naïve learning, counterfactuals, and regret affect the repurchase of stocks previously soldhttps://www.semanticscholar.org/paper/Once-Burned%2C-Twice-Shy%3A-Naive-Learning%2C-and-the-of-Barber-Odean/707de78e547771729031f80a7e855516c19f96bdThere's way more of related literature on this topic which can be found via citations and references, but these are the core to the stats I wrote.