Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
DURALEXSETLEX
-
Content Count
1 -
Joined
-
Last visited
Everything posted by DURALEXSETLEX
-
95% of Traders Lose: Is this Stat Misleading?
DURALEXSETLEX replied to GCB's topic in Trading Psychology
I would like to phrase it like this: 99.9 % of novice traders lose most of their money in the first few months of trading! The number of losers gets smaller thereafter... Think about it this way - even pros lose some money! It's part of the game! so how can a beginner not lose without any prior experience of trading??? I' ve been there! The difference is that most people get wiped out and never go back to trading....and a handful of losers that are stubborn enough go back and try again and again and finally learn something!