Where did the "90% are losers myth come from?

While a tiny percent will make it it's akin to the percent that can beat the casinos. Stupid negatve odds but the dummys keep flocking in. Largely due to math incompetence lazyness and bad greed

 

LOL i have seen 80-90% statistics over 6 mth periods.However, over the extremely long-run like 20++ yrs, try 1 in 10000.

 

Exactly. Lots of nooobs here that just don't get it.

 

Survvivorship bias. Look it up. Your statement is false

 

Turns out I know what that is, and that it has nothing to do with my statement or the fact that it decisively disproves yours.

 

If you don't quit when you are ahead then you must be quitting when you are behind.

Completely meaningless statement.

 

okay from reading this, I need to wonder why the hell would anyone put thier hard earned capital in the market, theyre just going to lose anyways, right

But yet, here you people are. Talking about the market. and since your talking about the market ill assume you are invested in the market. Why? Why would you invest in the market, if 9 out of ten lose everything? Does not sound too smart to me. You people are smart, right?

 

Investing has nothing to do with the 90% figure you are quoting.

You do understand the difference between trading and investing, right?

 

explain please.

unless your refering to investing as in long term buy and hold. But if you trade, that is a form of investing too.


lets not parse words here.