Quote from: TelolettOm on September 12, 2023, 11:59:17 PM

Quote from: jossiel on September 10, 2023, 05:29:20 PM

Most of the day traders lose.

How do you know most day traders got loses?
I've no idea about the stats of loses or wins of day traders. I think there is no valid source that can describe/explain it. It is impossible to know the number of active day traders. However, if day traders are more aware about the importance of knowledge and emotion control, I think they will have bigger chance to succeed.

Ideally, there should be bigger number of success traders because we have varied sources for learning. When day traders are educated and mature enough, they won't easily get losses.

There is no need for any stats with that, ask the other traders or do it on your own and you'll get to see the real stats.

Quote from: TelolettOm on September 12, 2023, 11:59:17 PM

Quote from: jossiel on September 10, 2023, 05:29:20 PM

Many are just optimistic with their experiences and despite that many of them are losing, they've got passion for what they do.
And that's why many day traders are also prioritizing just to have more in their portfolios.

I think if a day trader got more losses than success in trading, he probably stops it. If he continues to have more portfolios, it means he is quite success in trading.

Yes, they have to stop when it's no longer working for them and all they need to do is to find another investing strategy so that they'll keep up with the market.

And what's that strategy? Holding.