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

[vinc]

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?

there are market makers and it seems there are also thread makers..are you one of them??
I mean this's been dealt with like milions of times..ad nauseam

 

[vinc]

and there is also a set of established answers with usually the same posters..yawn..

 

[murray t turtle]

there is also a release from a day trading firm in US that only 10% percent was profitable in that year(could quater, can not remember, the report could be googled). So if you count in the term of 5-10 years, the number should be much less than 10%. For long term stock holders, 90% percent are profitable in the last 10 years. So if you define consistent winning as someone with true trading edge, day trading statistics is a better indicator, in that term, I believe less than 5% is successful.

%%
Sounds right;
maybe 90% or 80%.
MUCH less % pro money managers beat spy/S&P 500 over 10 years...…………………………………………………………………………………………………………………………...

 

[Nobert]

basically most traders do not have a "oh shit" "shit hit the fan" "what the fuck do i do now" list.

Laughs

Harsh reality. No school will teach on how to make one.
(except for military & other rare professions)

 

[Slope Trader]

The customer data released under regulations in the UK and the EU indicate that about 20-25% of active private retail traders have profitable accounts at any one time. So the odds are perhaps not as bad as some people make out.

I wonder how many individuals who are among the 20-25% winners in any given year are able to repeat that performance and still be among the 20-25% winners the following year.

It seems likely that only a small fraction of the previous year's profitable traders are in this group the next year, or in subsequent years on a consistent basis.

 

[tomorton]

Oh I dunno - no data available re consistency but I'd have thought that unprofitable traders would very quickly exclude themselves from trading - if you're not making a profit you're losing money and there's a natural limit to how long that can go on. Meanwhile the profitable traders keep plodding on?

 

[maxinger]

Traders lose money because they don't up the trading level.
Learn to be a day trader.

Go to the trading houses / hubs which can be brokers or banks.
Go and rent a trading desk. It will cost about $500 or more per month.
99% of the traders in trading houses are day traders.

 

[Peter8519]

The 1 in 10 number maybe is inclusive of those who gutted their entire trading account and quit. I would venture to guess that Elite Trader forumers are a lot better than that. Maybe 5 in 10 or even 7 in 10. I could be wrong.

 

[MattZ]

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?

How many traders does it take to fill up a forum?
Ten

One that trades.
Nine paper traders who tell him how he/she should trade.

 

[Blitzjoker]

Odd that nobody has actually answered this question in a post, but I suppose people are a bit shy on here

I have been profitable (just) for about three months, since I stopped discretionary trading, before that slowly losing a bit of money, but not much as I am trading trivial amounts until I find a way to generate consistent gains. This is still much more realistic than paper trading, as I really don't like losing even small amounts of money. I see from the results so far that around 1/3 admit to being unprofitable (I suspect it is more) and a similar number have been profitable for more than 3 years. I suppose buy and hold is likely to have been profitable over the last ten years, but that's not really trading is it?