Post
Topic
Board Trading Discussion
Re: Who are the 1% of traders who earn with trading?
by
as.exchange
on 24/12/2020, 21:08:27 UTC
This is the trade talk that newbies need to know that trade is not all 100% win. You win and you lose. You enter part of the 1% and improve more but maybe at time go down, either because lack of focus. A trader need a good management to always be in profit averagely than you are losing.

True, you always will lose and win, but the 1% - the top ones are able to do win persistently. Not meaning they don't lose, but on average, with consideration of all expenses and fees, and loses, they remain profitable. While others might be thinking they are profitable, but if account for fees - they will see a different story.



Because they have more patience, right decisions whike trading, controlling their emotions better than others simply they are trading better than what most people performing so they are making more out of their efforts than others.

We are back to the point we all discussed like 2 pages ago in the tread Cheesy If emotions are the issue - then isn't it better just to automate trading?



It's very hard to say why and how they do it because if we knew, we would already have been one of them and wouldn't want to spill the secret Wink but yeah, trading requires a LOT of patience along with good market, political, economical, geographical knowledge as well as psychology of consumers and government department incharges to be taken into account to make a very good prediction of any company before investing in them and make good profits. I guess that's why the number of successful traders are so low!

Well yes, you are very correct. Once someone shares the real secret of success - everyone uses it and nobody earns anything from that onwards Cheesy