Why do 95% of retail traders lose?
- Thread starter fanews
- Start date
I've always wondered what EMG's incentives are for bashing this topic in everyones head 24/7 , It really is a waste of time. No amateur gives two shits about any warnings of losing money, the best and usually only way to learn their lesson is the hard way. Such as life. EMG is either so high up on his own horse that he thinks telling others to not even try trading is somehow being "helpful" or he is one of the 95%.
You lost $300 bucks a day when you first started EMG, what say you? You were and maybe still are in the 95%, we'll never know.
Best
ZR1
You lost $300 bucks a day when you first started EMG, what say you? You were and maybe still are in the 95%, we'll never know.
Best
ZR1
Here is another article from the SEC
Day Trading:
Your Dollars at Risk
http://www.sec.gov/investor/pubs/daytips.htm
Day traders rapidly buy and sell stocks throughout the day in the hope that their stocks will continue climbing or falling in value for the seconds to minutes they own the stock, allowing them to lock in quick profits. Day traders usually buy on borrowed money, hoping that they will reap higher profits through leverage, but running the risk of higher losses too.
While day trading is neither illegal nor is it unethical, it can be highly risky. Most individual investors do not have the wealth, the time, or the temperament to make money and to sustain the devastating losses that day trading can bring.
Thinks real hard if u want to pursue trading. More than 90% of small traders lose in a "Spectacular Fashion!" They just lose!!
Day Trading:
Your Dollars at Risk
http://www.sec.gov/investor/pubs/daytips.htm
Day traders rapidly buy and sell stocks throughout the day in the hope that their stocks will continue climbing or falling in value for the seconds to minutes they own the stock, allowing them to lock in quick profits. Day traders usually buy on borrowed money, hoping that they will reap higher profits through leverage, but running the risk of higher losses too.
While day trading is neither illegal nor is it unethical, it can be highly risky. Most individual investors do not have the wealth, the time, or the temperament to make money and to sustain the devastating losses that day trading can bring.
Thinks real hard if u want to pursue trading. More than 90% of small traders lose in a "Spectacular Fashion!" They just lose!!
Simple - misery loves company. Some people would rather drag others down to their misery than just move on w/ their life. It's clear how often emg posts here about the same crap that he just wants to know that he's not the only failure. This way he can look in the mirror and think - see, look at how many other people cannot do this, you just had some bad luck!
