Most of traders in loses but i think this percentage are not 95%, i am also short term traders and i agree that now i lost big amount in last two months.
Short term traders have to take big risk, if it will work profit is also big. If most of traders are lost their money so they are trying earn money from other sources.
Majority of traders in the market are trading without the confidence of making profits in the market. This is nit mostly because their strategies are bad and not good enough but can be as a result of the market change of patterns and structure.
We need to understand market structure a lot for us to make profits from the market. This is one of the reasons why what works for us before might not work again. The market keep changing patterns and strong and we should not allow that to affect us as a trader.
Those who trade without the trading knowledge and experience. They may be gaining experience a little but they are also wasting their money and time on it.
Better for them to trade in a way that can only only give them benefit but also some knowledge about trading. Mostly those users which have some confidence that they can easily get profit somehow they fail to manage just due to their over confidence which puts them in hard situations. Better to learn sometimes and take advice from other to realize the mistakes.
Overconfidence would really be leading you into disaster on which it would really be that just right that you should be thinking up realistically. Dont try out to mimic those successful traders on which you could see online as if these things would really be making you that desperate on trying to reach out a certain state on which it is something that cant be attained in a short time.
Better to have realistic approach rather than on making yourself that looks delusional.Yes, its not bad to have those kind of goals and intents of success but just like been said that if you dont make yourself
that realistic and really in a rush then you are really sthat susceptible to lots of errors and mistakes on which this is something that we must avoid in the first place. The market is really that composed
with buyers and sellers and this is really that just a tug-of-war on which it is really that so common that there would be losers and there would be those winners or profitable ones.