Traders Laboratory - View Single Post - 95% of Traders Lose: Is this Stat Misleading?
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Old 02-17-2007, 07:52 PM
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Re: 95% of Traders Lose: Is this Stat Misleading?

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In the final analysis, I say forget about the statistics of the industry. Forget about the search for the holy grail of methods or strategies (that includes fancy software with blinking lights and pretty colors,) and decide once and for all to commit yourself entirely to finding and developing a tiny "edge" in your method of play and then just keep coming up to bat day in and day out, often enough to let the odds work out in your favor.
Well said.

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