Читать книгу Currency Trading For Dummies - Kathleen Brooks - Страница 25

“Ninety-five perfect of all traders fail.” How often have you heard that? If I (coauthor Paul) had a dollar for every time I heard that, I would’ve gotten back my money from my first failed trade! That is closer to the truth than you may realize, however. The folks at Tradeciety (www.tradeciety.com) posted the eye-opening results from a recent study that studied broker data about trading. Now I can’t attest to the veracity of these findings, but my gut and experience tell me this rings true. Here are some of the findings:

 Eighty percent of day traders quit within two years.

 Forty percent of traders quit after one month of activity.

 Only 7 percent remain in their trading activity after five years.

 Day traders with a strong past performance tend to continue doing well into the future. But only about 1 percent of all day traders are predictably profitable after factoring in fees and commissions.

 Lower-income individuals tend to spend a greater portion of their income on lottery tickets, and they tend to increase lottery purchases as their income declines.

The study lists 24 findings, which can be found at https://tradeciety.com/24-statistics-why-most-traders-lose-money/. The big takeaway from this study is that traders (and speculators) are more apt to succeed when they approach trading as a disciplined activity coupled with ongoing education and sticking to proven and tested trading action plans. The biggest reasons cited for unsuccessful trading were that folks came in with big dreams of success but traded on emotion and guesswork. But I bet you guessed that.