Why do 95% of retail traders lose?

did you join the house?

 

Drinking mojitos

 

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

 

Why do you constantly refuse to answer the question, "Do you Trade" or "What experience do you have Trading"?

 

I like this forum already.

 

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%

 

OK, but what about the 80% remaining ?

 

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.

 

OK, I think I just got it, they earn less than 75k a year :eek:

 

I'm sorry to hear that you didn't make it in the business.