Pros and Cons of Day Trading

[Jahine]

90 percent of traders lose 90 percent of their initial capital within 90 days.

80 percent of traders lose all their money, 10 percent break even and 10 percent make the money that the 80 percent lose.

The reason for this is not far fetched. This is rather a clear pointer to the sad reality that people are so attracted by the profitability of forex that they rush into live trading without even going through a demo first to learn how currency movement works.