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Old 02-14-2007, 10:12 PM
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Re: 95% of Traders Lose: Is this Stat Misleading?

I think the point is that broadly speaking, yes, 95% of traders lose--but the mistake is to think that 95% of those who work their butts off, develop detailed trading and money management plans, work to practice winning psychology and who are very, very serious about this business lose. I don't know what the stat is, but its not 95%.

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