The rule of 90 or 90% rule is a gloomy statistics that was suppose to serve as a reminder or caution newbies traders. The rule states that "90% of traders lose 90% of their funds in their first 90 days of trading."
Do you believe that? I hope this caution new traders that are opportune to read it.
Useful piece:
https://trendspider.com/learning-center/the-rule-of-90/Yes the rule is correct, 90% of newbie traders lose money in their first 90 days in trading but it does not stop there. They will continue to lose money if they didn't acquire the right knowledge on their journey to become a successful and profitable trader to be among the 10% profitable traders in the trading industry.