Why Do Traders Lose? Part-I

Why Do Traders Lose? This study showed that less than 2% of traders were profitable net of all fees. In fact: 40% of day traders quit within a month 87% of traders quit within 3 years 93% of traders quit within 5 years  All sorts of reasons are given for it, such as money management,black swan events, poor trading strategy. It doesn't seem to matter how many books you buy, how many seminars

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