90 / 90 / 90! Really?

trendie · Feb 21, 2016

90% of retail traders lose 90% of their account within 90 days!

https://www.youtube.com/watch?v=xtC...kR4MvJWr-ZdMVQ0LaIAQA0jNWiX5l11QdcembBVa7MjmQ

malaguti · Feb 21, 2016

trendie said:
90% of retail traders lose 90% of their account within 90 days!

https://www.youtube.com/watch?v=xtC...kR4MvJWr-ZdMVQ0LaIAQA0jNWiX5l11QdcembBVa7MjmQ

just 90 days..I've made it :clap:

forker · Feb 21, 2016

I would love to know the parameters of their findings.

tomorton · Feb 21, 2016

Happy to hear this. While the numbers don't scare me into paying for over-priced training, these losses help keep my SB firm buoyant and allow them to offer me nice T&C. Everything has to be paid for by somebody - better them than me. Sorry chaps.

forker · Feb 21, 2016

No sorry needed

dianajs · Feb 22, 2016

I always wonder where that number originates from. Is there a proper statistical study done by someone somewhere that can be cited when claiming something like this?

dbphoenix · Feb 22, 2016

dianajs said:
I always wonder where that number originates from. Is there a proper statistical study done by someone somewhere that can be cited when claiming something like this?

https://faculty.haas.berkeley.edu/odean/papers/Day Traders/Day Trading and Learning 110217.pdf

lawrence-lugar · Feb 22, 2016

trendie said:
90% of retail traders lose 90% of their account within 90 days!

...the more I hangout on trading forums -- the more I feel like a loser

mlawson71 · Feb 23, 2016

lawrence-lugar said:
...the more I hangout on trading forums -- the more I feel like a loser

I try not to let myself be discouraged. Trading is hard, but not impossible.

90 / 90 / 90! Really?

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