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/Not every trader loses blows their account within the first 90 days although the percentage of people losing like this is quite high. Most newbies go into the market thinking that they can make millions within the first couple of months. There's a big difference between a well strategic trade and flipping. There are traders who flip a 50 dollar account to 1000 dollars, sometimes they get but most of the time it's because they have improved their skillset over the years, this is something that can take a long time to master. Most newbies try to do this within their first 90 days of trading that's why they lose money.