since about 90% of the traders lose money, what's the percentages of winning trader in the forum. Ar

[virtusa]

Great...let's see some account statements showing every month profitable for the last twelve months.

D08 should then also show the 6 figure account statements,not?
If one has to proof the other one should proof too.

Daytrading with no losing months is possible and not exceptional.

And no, I will not show any statements.

 

[Scataphagos]

Daytrading with no losing months is possible and not exceptional.

Not only that, but "expected"... if you know what you're doing.

 

[maxinger]

There are lots of successful day traders in this forum.
They are in the 10% category.

There are also lots of unsuccessful traders who think trading is
simply just pressing BUY and SELL buttons in random order.


the 90% of the traders who lose money think
trading is very simple; they think trading like using the sledgehammer to change rock into stone.


the 10% of the trader who earn tons of money
treat trading as a skill; they spend thousands and thousands of hours
learning how to grind / polish a stone into a priceless diamond.

 

[murray t turtle]

just curious，since about 90% of the traders lose money, what's the percentages of winning trader in the forum. Are you the 10% who makes money?

%%
Much more likely/its 80/20%.
Good question but a much better/more helpful question is what % of marketmakers/trader-investors+ investors make money?? .Much more likely thats 80% or88%
Im not a market maker but I help them/i'm in that last group...……………………………………………………………………………………………………………………………..

 

[murray t turtle]

To know if you are in the top 10%, you should know all details from all the other traders. If not you cannot calculate where you are.

If you voted above, you are clearly not in the top 10% as these people never vote.

%%
Mostly right,Va;
I seldom do any polls. But as they say in Chicago ''Vote early + vote often'' Amen.

 

[fan27]

D08 should then also show the 6 figure account statements,not?
If one has to proof the other one should proof too.

Daytrading with no losing months is possible and not exceptional.

And no, I will not show any statements.

D08 has not claimed zero losing months. Not saying no losing months is impossible, just that I suspect AbbotAle is speaking of theory rather than his actual trading when he speaks of no losing months.

 

[tomorton]

Are they traders who trade daily, or investors who just hold stocks and ETFs like SPY?

I guess some attract more day-traders than others, but they're all trading accounts through e.g. CFD's and spreadbetting. Check out any home page.

 

[TimtheEnchanter]

What percentage of algo bots (HFT's) [many of them actually Market Makers] make money? I'd guess at least 80-90-percent. Now if the Socialists will put them out of business, fast typing traders can make more. Just vote with your pocketbook. BIDEN/HARRIS! (I am bitterly sarcastic)

 

[Scataphagos]

There are lots of successful day traders in this forum.
They are in the 10% category.

There are also lots of unsuccessful traders who think trading is
simply just pressing BUY and SELL buttons in random order.


the 90% of the traders who lose money think
trading is very simple; they think trading like using the sledgehammer to change rock into stone.


the 10% of the trader who earn tons of money
treat trading as a skill; they spend thousands and thousands of hours
learning how to grind / polish a stone into a priceless diamond.

Trading is definitely a skill which can be learned. Has little or nothing to do with luck.

 

[murray t turtle]

Trading is definitely a skill which can be learned. Has ……. nothing to do with luck.

%%
100% correct.
Trend follower/billionaire JH said ''what some call luck I call a small sample'' True