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/I head about 90% of traders will lose money and ultimately give up but I have never heard about the ninety percent pertaining to anything else. Newbie traders tend to lose all their money rather quickly but usually not almost all their money... Most newbies are not that bad, I hope.