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-90/90%
Im only aware of 90% of traders do fail but im not wary about losing 90% of losing funds on which considering that this will really be that subjective when it comes into this aspect because it could be less than 90 or would really be that 100% since we do know that everything will really be that basing up according into your risks management. In regarding about that 90 days then it will really be also that subjective because we do know that the duration on how long you would last will really be that determining about on how you do divide out your trade positions in such duration. It will really be that situational because there will really be factors that do really affect out the profitability that you would be having or the loses that you would be able to obtain. So it will really be that situational because outcomes and results will really be that different to each other.
When you are just that starting up on trading then outcomes and results will really be that different to each other on which it will really be that understandable that you can be having that kind of hardship on trying out to handle yourself on such certain conditions on which it will really be affecting in overall results. This is why you would really be needing up that kind of adjustments at the time that you will be committing errors and mistakes.
Trading is never been that an easy skill that you can be able to learn on which it will really be that needing up that enough time and patience and facing up challenges along the way.