Post
Topic
Board Trading Discussion
Re: Most Traders are Not Profitable
by
tottong
on 19/06/2024, 09:07:08 UTC
A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this.

Trading does not always produce profits and there are times when they experience losses in trading.
The difference is that experienced people understand how to recover losses and they can take profits in the next trade.
But for traders who are not professional, when they experience a loss they will try to do something that is not profitable.
This process occurs because their trading skills are inadequate so they will stop due to losses.

Quote
The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.
This is in line with steps to maintain security and they will not boast of success in trading just to make money on a YouTube channel or other media.
But most of what I found were traders who had YouTube channels and they tried to explain the trading patterns they were doing. The goals can be varied and some may also talk about the income paid on YouTube.