Post
Topic
Board Trading Discussion
Re: Don't day trade, you're going to lose your money
by
slaman29
on 01/04/2025, 04:34:10 UTC
If 90% of traders lose their money, then 10% still manage to make a profit from trading. So this statistic is not so frightening, as everyone has a chance, having gained knowledge and experience, to become a profitable trader and become one of the most successful 10%.

Remember, these statistics are usually gathered over a small period and small typicals.

In a period of 1 year? 5 years? I doubt anybody tried going back in 5 years to ask the same people if they managed to make profit.

I can almost guarantee in the longer period of tie the 10% in profit will become 1%.

Day trading puts you even more at risk.

Be frightened Smiley