A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads
I agree to it alot of traders ain't profitable in trading but yet they claim they are, I see that act as a sign of motivation to their subordinate especially in the online space you tend to see alot of this professionals doing well but they ain't making the money they presume and are emphasizing others join. They just do this to get so many clients to enroll in their master class and get tutored and that's how they make their money instead of the main trading process.