common sense based on what? Find me a single factual detailed published analysis of trader failure rates and time frames.[/QUOTE] Perhaps you could estimate a more accurate set of figures for this pyramidal visual aid...
Perhaps you could estimate a more accurate set of figures for this pyramidal visual aid.. not interested in estimates; Buy1Sell2 - you're up.
Making money in any business comes down to knowledge, working many hours and risk management. Ever go to Vegas? Would they build theme casino's if they thought they not make money?
https://www.colibritrader.com/intraday-trading-how-to-make-money-in-intraday-trading/ Intraday Trading – How to Make Money in Intraday Trading Posted on Sep 1st, 2022 by colibritrader You’ll need five elements to have the best chances to succeed in intraday trading. Here they are. 1. Capital – you’ll need money to make money! Intraday trading is the way to multiply what you have, not pop-up profits from thin air. 2. Risk management – regardless of your strategy’s brilliance, there’s always a risk of loss. Give yourself a chance to survive in intraday trading by risking not more than 1% of your capital per trade. 3. Education – get a quality theoretical foundation; if you don’t understand the basics, you can’t develop a meaningful intraday trading strategy. 4. Mentor – a good mentor will help you to find what works for you and help develop the right mindset. Sometimes we just need a third person (preferably a professional) to look at how we’re doing in trading to advance. 5. Self-awareness – at the end of the day, you’re responsible for your progress and have to do the work.