[Nextek]

If the failure rate is so high (90-95%) why is trading so popular? It seems like providing service or products for traders has a higher chance of profitability. Any thoughts on this?

[Piptrader]

Originally Posted by Nextek »

If the failure rate is so high (90-95%) why is trading so popular? It seems like providing service or products for traders has a higher chance of profitability. Any thoughts on this?

Same reason why people start new businesses every year. Also its the attraction of big bucks.

[Daniel]

Trading advertisement is similar to the tobacco industry. They make it appear so simple and easy. Also many corporate people assume trading can replace their income easily. Most of them become humbled.

[Labcast]

The potential of a decent income and independence. Trading is a one man job which offers plenty of freedom.

Trading must be treated like a business. Those who read one technical analysis book and enter the markets have close to a 100% failure rate.

[grandwiz]

People should qualify for a license before they are allowed to trade. Will save alot of people money.

[specmav]

Some people view trading as a way to get rich quick. They view it as a lottery. What they don't understand is that you can make money by controlling risk and your own psyche.

[Keys]

Over 80% of all small businesses fail in the first year. And yet numerous amounts of people start their own businesses. Same as trading... no one expects to fail. When traders start out, all they see is fortune.

Profits before thinking risks is a sure way to lose.

[Arthur]

We cannot look on the faluire side while trading. you need to look on both the side. people forgo the chances of losing when they keep the track on the potential of trading to win billions and millions in short time