Community Outlook | Does that mean most are profitable?

Jan 08, 2021 at 06:03
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3 Replies
Member Since Aug 27, 2017   84 posts
Jan 08, 2021 at 06:03
Based from the community outlook, 63% of accounts are profitable. Do you guys think it's a little different from what we've heard that 90% of traders are not profitable?
Trading is a marathon, not a sprint.
Member Since Jul 23, 2020   816 posts
May 29, 2021 at 13:40
I do not know about the percentage. But most new traders lose money in the market. That’s for sure.
Member Since Jan 09, 2021   4 posts
May 29, 2021 at 15:20 (edited May 29, 2021 at 15:20)
Don't trust these statistics you hear everywhere. Just rely on what you can notice by yourself or relatives
The only truth is that is it easy to lose money while not so to win.
Member Since Mar 16, 2021   447 posts
May 30, 2021 at 01:48
I also don’t know about this exact percentage. However, I can only say that if psychology and strategy cannot be developed, it will never be possible to make money from trading.
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