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.
Well actually from my personal experience I can agree with this because the first 3 months are very risky for a trader it tells us the nature of the trader as if he is careful one or a greedy one, because many make profit and then want to make more become more greedy and lose it all and on the other hand there are some, who are careful and keep some backup funds all the time even in the time they are forced to invest in the market due to the cheap tokens like now.
We should be from the careful category, not from these 90% traders. We should be from the 10%. BTW I never heard about this rule before but this really make sense because most of the traders lose their money in these days somehow if they are not careful. as I said before, the careful ones are very less too.