I'm sure not all traders will agree with me but some could possibly be on my side...
Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
I choose to differ on your thoughts about that. It can be a source of income for you if you take it very seriously.
1. What job isn't stressful? Even the ones you sit at one place in an air-conditioned office is still said to be stressful. No money making means is simple except it's a scam you're falling into.
2. Trading isn't for everyone. I remember saying this somewhere. No one enjoys hardwork, and trading demands some level of hardworking on your strategies and a bit of research and backtesting. No enjoys doing all of these but it pays doing them rightly.
3. Scam activities can be found in all sectors of the economy. Anywhere financial activities are involved, you should expect scammers trooping in. It should interest you to know that even in real estate and other businesses business there exist scammers. But people are still running it.