I would contend that quite the opposite is true. The general public is getting involved, not just the best and brightest. This can be evidenced by the tremendous increase in exchange volumes. Technology and information has brought this about and has most likely increased the losing, not curbed it.
This would be a better poll if it ask who has made at least, say, $50,000 (or the equivalent) in the past year. In other words, who actually makes a living doing this.
Well, if you take in consideration how difficult this business is, many would be happy to only break even.
Maybe in the beginning, but no one is going to be happy breaking even for long since the whole idea is to make money. Even more, if one can't make a living off trading, then they have to have a hold a 'real' job, as well.
I make a living (soon to be fortune) doing this just started out last year 2005 JAnuary 1 A good income trading stocks would be around 10k a month A better income would be 20-30k a month A great income would be $50k+ a month Anything less means work has to be done. consistent is key of course
I have recieved my new PCI express NVDIA 128 meg Dual head card by USPS today You see a while back a very rich man told me: "The more screens you have the more money you make" so of course like the extremely smart person I am, I Went out and bought 8 LCD monitors and 4 dual heads. I just bought 2 more monitors and 1 more dual head. So that will Take me up to 10 LCD monitors. I hope this works because I felt this bump under my chest... hard bump after I started all this monitor thing. Doctor said something to do with UV rays and cancer, I hope its not something related to my eagle spread 10 LCDs radiation. Well at least I'm listening to the old rich guy, I can do it! 12 monitors by next month! 18 by the end of this year!
voted NO closed in little, little gain 2005. 2006 started out pretty bad... in the red again... let's see I think the 90-95% is the true percentage of losers here in ET may be even more Good trading B_M_S