Post
Topic
Board Trading Discussion
Re: "The rule of 90." Have you heard of it in trading?
by
nodeflix
on 04/03/2025, 11:24:35 UTC
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 don't think that is true because its more than 90 days and I still keep losing money trading crypto.
The prices always goes in the opposite direction after I trade and I am not sure why that happens.
For instance, I bought when bitcoin was at $108k but bitcoin fell to $94k and so I sold but then bitcoin price pumped again.
I bought SOL when it was trading at $208 but then it dumped to $140 and so I sold.
It pumped back to $170 and so I bought SOL again and now its trading around $140 again.