these data do not seem to correspond to reality, I see many people making videos on youtube to teach people how to trade and these people, most of them are people who consider themselves gurus and specialists with many years of experience but are making videos on youtube and giving trading courses, which shows that even they are not making money with trading, the truth is that maybe not even 3% of people do not make constant profits when day trading whether futures or even normal trading, you can do it live on trade? do you know at least 5 people who can make a living from day trading? the truth is that I still haven't seen anyone who says they make a living from day trading, in this cryptocurrency market the only way to profit is by doing hodl in the long term
There's a reason why a lot of successful traders use algorithms/bots/scripts to execute their trades it's to take as much emotion as possible out of the picture.
I get a good point, you are correct on this. Basically, uncontrolled emotions can make traders lose money in the market, whether it's in futures or spot trading. Emotion management is a must have for every trader, but if they use tools like bots then it will be very helpful.
Watching market volatility during trading will allow anyone to lose control of their emotions, especially if the market is undergoing a sharp correction.
If you jump in trading without even gaining knowledge and insights at first, then you will surely struggle in trading and find it hard to fight with your emotions. So if you keep on trading along with your emotions, you will never be successful and profitable in the end. The hardest part in trading is to trade while controlling your own emotions, and for me even pros in trading still fall on this which makes it very hard to fight.
even if you study hard and for years, the truth is that no one can make a profit doing day trade and live on day trade, people lie and even create a telegram channel to give tips, they charge for these tips, others sell courses and others make money with youtube channel. why do you think people who have been day trading for years are giving courses and creating a telegram channel to charge money for the tips they give? if they were successful in the trade they wouldn't need it, it doesn't take a genius to realize that everyone doing day trades is losing money