POLL: According to a study, what do you believe is % of Day Traders who lose money?

POLL: According to a study, what do you believe is % of Day Traders who lose money?

  • 50% lose all money and 20% make money

    Votes: 7 5.6%

  • 50% lose all money and 10% make money

    Votes: 2 1.6%

  • 60% lose all money and 20% make money

    Votes: 1 0.8%

  • 60% lose all money and 10% make money

    Votes: 4 3.2%

  • 70% lose all money and 20% make money

    Votes: 5 4.0%

  • 70% lose all money and 10% make money

    Votes: 6 4.8%

  • 80% lose all money and 15% make money

    Votes: 9 7.1%

  • 80% lose all money and 10% make money

    Votes: 11 8.7%

  • 90% lose all money and 5% make money

    Votes: 32 25.4%

  • 95% lose all money and 5% make money

    Votes: 49 38.9%
  • Total voters
    126
In my home town, there is no tax on capital appreciation, such as profits from Stock, Dividend, Bonds, Mutual Funds, Forex etc. If u have the ability to trade a million out of your 10k account. IT IS YOURS to keep.

If someone had been unsuccessful doing daytrading for 5 years, I believe he must be doing on a Demo account or just some practising account. Who on earth would have 5 years of sponsorship to keep failing trading? May as well park the fund with a Mutual Fund manager.
 
Singapore! Investment return are not taxable as far as I am concern. Even if u sell your property and the profit from property appreciation is not taxable!

of cos that doesnt mean there is no TAX,, u might have already been tax on GST goods and services tax, property tax ( based on your annual valuation of your property) dividend from stock had already been paid for by corporate itself.
 
Singapore! Investment return are not taxable as far as I am concern. Even if u sell your property and the profit from property appreciation is not taxable!

of cos that doesnt mean there is no TAX,, u might have already been tax on GST goods and services tax, property tax ( based on your annual valuation of your property) dividend from stock had already been paid for by corporate itself.
 
What % chance do you have to score with the hottest girl at the party? Most will fail, but a few may win.

Quote from rcanfiel:

POLL: According to a well-known study at a major day-trading firm, what do you believe is % of Day Traders who lose money?
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