Why do 95% of retail traders lose?

Then you are lucky and/or a dumbass for not trading bigger size if you have that kind of consistency.

 

If you make it hard for yourself through poor decisions you lose - just like anything else in life - we are tired of hearing 90% traders lose - so whats so amazing about that

 

Those were special projects accounts not my primary accounts.

 

but in reality:

everybody lose. elitetrader.com is a special place where losers can fantasies they are a hero. Guess who is profiting on ET members from dreaming of becoming a rich, celebrity person? Baron, ceo elitetrader.com

 

++1 This is what I always mention but being debut by all the bots from Baron

With the unfair setup and structure that you see now in trading - bid/ask slippage, commission, front run, insider informationm and etc - none of the retial trader can win except you are broker, market maker or you work for the house.

I am sure "someone" (which is not hard to guess who they work for) will come back with the debut (again) and try to deny this reality, they will tell you how much they made every month with trading, their intention is simple, they try to lure more people to trade in order to bring in more fees and commission to pay for their fat bonus. Same trick as casino used

 

It is driven by sponsors of the debuttals team.

How often the poster with less than 50 posts consistently debutts every negative post ?

 

If someone said to you 95% of traders lose , you got 5% chance of making money , to be the 5% you have to be a broker , mentor, system sell , software seller , seller of signals ans seller of other services related to trading casino.You have a negative expectancy in trading.

If someone said :In the gold rush, the people who made money sold shovels and picks. In the trading gold rush, people who write books and offer counseling make money, traders don’t. This sums it up.

How many of you would stop/would continue trading/gambling?Would you stop gambling today?You are only betting on the form of the instrument you gamble on.

 

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 (3.8%) +13.1% +0.9%
2011 +29.0% +25.3% +17.8% (5.4%) +4.7%

I think its because they can't recognize a good system vs a bad system.

So they will put their money into the bad systems, or will fall for fools who say that you can make $ millions with our $ 400/month chat room and no track record or proof.

Oh, and the above results are better than most hedge funds.

 

30 % of my trades with a large forex bank were hit with hft slippage.

 

I think most traders fail because they don't believe in paying for education being offered by the prop firms and instead decide to go it alone.:>