Quote from: X-ray on February 13, 2025, 04:10:32 AM

Quote from: Call_Me_Guru on February 10, 2025, 05:58:55 PM

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 kinda believe it, the money need to come from somewhere with trading, and it's mostly zero sum game as many things in life which is perfectly fine, but I think newbies definitely on the losing side here, because their opponent are the remaining 10% which mostly consist of experienced trader, seasoned psychologically going against the FOMO and have edge when it comes to information.

I think it's kinda obvious if you think about it, FOMO newbie always losing because they're just not good at it.

When it comes on learning up trading then we are once a newbie and its true that on the time that you do step your foot into this market then it will be that understandable that there will really be those inevitable moments that we will be losing up money at the time that we are just simply starting on which this is that normal, but at the time or moment that you have been that earning experience and knowledge along the way then this is where you will be having that kind of progress on which we are trying out to climb with that 10% successful traders in the market on which there are ones who do really succeed out and there are ones who are really that failed. This is why it will really be that up to you on how you would be that making yourself that be able to be included with those %, but to know this wont come easy because at the time that you will be achieve out then it doesnt come simple. If you are really that wanting to have such success then you should work hard your ass off. The wrong thing about other some noobs is that they do believe that they can be able to learn up trading in the most easiest way but doesnt that realize that they will be facing up tons of challenges or simply it wont be a smooth sail ride.