slow

[slow]

hi everyone,
being the one who considers starting trading , I have one question in mind :
is there any statistics on what percentage of traders became loosers and winners
is there any chance of becoming long term success ?
greetings to You all
slow

 

[Trader333]

There is a lot of figures about this. The general view is that the number of people losing is between 80% and 95%

That means you have between a 5% and 20% of success.


Paul

 

[foredog]

Does it matter about the percentages?

If it is alleged that 95% of people fail at trading does that mean you shouldn't try?

What if it was 92%?

If it was only 22% fail would you try? You could still be in that 22%???

This is not meant as a slight at anyone just a thought......................