Why do 95% of retail traders lose?

Quote from d08:

You assume everyone here spends money on 3rd party educational vendors, why is that? You mention this in your every other post. I've never paid for such a vendor and I'm sure most here haven't either.
I also developed an interest in high school, so I'm guaranteed to be successful, right? :D
More...

did you join the house?
 
<iframe width="480" height="390" src="http://www.youtube.com/embed/BWIpTdg7tj8" frameborder="0" allowfullscreen></iframe>

More than 90% of small traders lose in a "Spectacular Fashion." They just lose!!!!!!
 
Quote from emg:

More than 90% of small traders lose in a "Spectacular Fashion." They just lose!!!!!!
More...

Why do you constantly refuse to answer the question, "Do you Trade" or "What experience do you have Trading"?
 
All one has to do is think about the income distribution stats to come to their conclusions about any potential high income endeavor.


Income / Percentage of Population (US)
$75,000 – $100,000 8.05%
$100,000 – $200,000 8.73%
$200,000 – $500,000 2.26%
$500,000 – $1,000,000 0.43%
$1,000,000 – $1,500,000 0.11%
$1,500,000 – $2,000,000 0.05%
$2,000,000 – $5,000,000 0.07%
$5,000,000 – $10,000,000 0.02%
$10,000,000+ 0.01%
 
Here is another interesting article:

Here's What Day Traders Don't Understand

http://www.businessinsider.com/henry-blodget-heres-what-day-traders-dont-get-2010-3

As we explained earlier, day-trading is one of the dumbest jobs there is: According to one academic study, 4 out of 5 people who do it lose money and only 1 in 100 do it well enough to be described as "predictably profitable."

Most of the folks who do it, in other words, would be far better off working at Burger King.
 
You must log in or register to reply here.
Back
Top