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Topic: Data suggesting more than 95% traders are losing - page 2. (Read 1182 times)

full member
Activity: 252
Merit: 113
NFTs on Sale: https://bit.ly/2POlV17
Trading is difficult, I already know a lot of people are going to be losing. It’s just like the time I wanted to be an options trader, I noticed that most of the platform I wanted to make use of had lots of negative comments of people who keep accusing them that they are scammers that keeps stealing their money, but later on I got to understand that most of the people dropping those comments are just some inexperienced traders that lost their money from trading.

It's either the market, the stop hunters, the institutional traders hunting the retail traders, the phase of the moon, it's too hot, too cold, too anything – but it's never the trader who made the decision to open or close a position and made stupid mistakes, panicked, had no clue what they are doing, lacked preparation, … Yep, it's always the others.  Cool
newbie
Activity: 14
Merit: 0
You cant LOSE if you never SELL!!!!!!!!!! Going down like the titantic with the current BTC dip
https://pyxis.nymag.com/v1/imgs/d6a/dc7/4a5001b7beea096457f480c8808572428b-09-roll-safe.rhorizontal.w700.jpg
legendary
Activity: 2338
Merit: 1124
It is surprising what I saw about trading, that 95% of traders are losing, this was not what I even thought before, I was considering 75% of traders, but no research paper exists that proves this number right while some suggesting that the actual figure is much, much higher.
Trading is difficult, I already know a lot of people are going to be losing. It’s just like the time I wanted to be an options trader, I noticed that most of the platform I wanted to make use of had lots of negative comments of people who keep accusing them that they are scammers that keeps stealing their money, but later on I got to understand that most of the people dropping those comments are just some inexperienced traders that lost their money from trading.

So, they are pissed and attacking the companies. Trading has never been easy, no matter what kind of trading it is, lots of people are losing.
sr. member
Activity: 1610
Merit: 264
They could be, but there could be also day traders that could still be successful in one of those 5% and some long-term hodlers that are easily driven by emotion that exits the market to quickly.
But I believe as well that most of them would be long-term hodlers, though I won't count myself into the 5% because I am not that too active in trading as I don't really have the time at all in looking at the charts, the candles, as well as those indicators.
sr. member
Activity: 728
Merit: 317
Crypto Casino & Sportsbook
It’s very controversial question that has no 100% answer. Once you can put a right order and earn a lot, another day you make a wrong order and lose something (usually time because you need to wait for the next right moment). I never totally bankrupt in trading because I beware of risky trading. Don’t trade with shoulder, for instance (most of my friends, who were trading with shoulder, bankrupt) and don’t take part in uncertain projects. I’m not ready for such risky “games”.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
I read the article that the OP included because there would be more information obtained, and from the 24 points in the article, there were several times mentioning day trades, and from what I understand from the article that day trades will be more likely to experience losses and eventually traders choose to quit from trading.
It could be that the 95% figure is dominated by traders who do day trade, while for those who do long-term they can choose not to quit from losing market and wait for their choice to be in green.
My conclusion, long-term is more profitable than day trades but only traders who have a high level of patience can change theirs trading activity into investments.

It's pure psychological factors here. If you hold, then you are the ultimate "long-term trader". You buy something you believe in whether it's stocks or crypto and then you don't trade until the price is right at some point down the years.

But if you day trade, it becomes a job and a stress to keep eyeing profit/loss. You break down and make bad decisions from a tired mind.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
My conclusion, long-term is more profitable than day trades but only traders who have a high level of patience can change theirs trading activity into investments.
That is the good point, the traders lost a lot of funds because they panic and thought they got no option again than to just sell their coins, but cryptocurrencies can be so unpredictable at times, most the the traders lost in 2017, and sold in losses, but had it been they hold, they would have gained back all the losses and even gain more than expected in profit, but it takes years which makes patience to be the key reason for the holders to gain.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
It is surprising what I saw about trading, that 95% of traders are losing, this was not what I even thought before, I was considering 75% of traders, but no research paper exists that proves this number right while some suggesting that the actual figure is much, much higher.

https://tradeciety.com/24-statistics-why-most-traders-lose-money/

I read the article that the OP included because there would be more information obtained, and from the 24 points in the article, there were several times mentioning day trades, and from what I understand from the article that day trades will be more likely to experience losses and eventually traders choose to quit from trading.
It could be that the 95% figure is dominated by traders who do day trade, while for those who do long-term they can choose not to quit from losing market and wait for their choice to be in green.
My conclusion, long-term is more profitable than day trades but only traders who have a high level of patience can change theirs trading activity into investments.
sr. member
Activity: 1610
Merit: 264
~
Even they lost control of their emotion but couldn't imagine those numbers, 95% is really high to think that only a few traders just succeed.
I think this 95% is not only in crypto trading alone or that possibly it is in the stock market where it is highly affected during the pandemic. The stock market dumps which means traders and investors had lost a lot, not in crypto where it keeps moving high making trader earn more.
Well 95% is really really a huge percentage to sum up all the traders here in crypto.
It could be 5% are the people successful, at the same time 95% could be the people that are still earning but not as rich as the 5% because mostly that's how people define success already in trading. All about their net worth sometimes.
newbie
Activity: 11
Merit: 0
If you call the "trader" every people that "invested" 50-500 dollars. Then yes, i think it's true. But put some thought into the term "trader" and then you realize that someone is the trader when he trading for some time, and don't lose his money. The other "traders" needs to be called strangers, gamblers, begginers or losers. So, in essence i don't agree that 95% of true traders are losing. If you have your strategy that keeps working for you, it will make you the trader.
full member
Activity: 252
Merit: 113
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It impacts the entire market as dumped take place whenever there's panic that take place, it's really
hard for those new investors to keep holding.

I'd say you have to distinguish between investing and trading.

I'm never trading without a stop-loss and if that stop-loss is triggered I'm out of the market and I would never advise anybody otherwise.  That's part of being a trader with a strategy and a plan to follow the plan to the t.  Holding on to a bullish trade no matter what during a downturn or even doubling down is gambling and not trading. This behavior has wiped out enough accounts already.

If investing (long term), it might be allowed to hold even through a crash – depending on the investment strategy and future outlook.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
Whenever the market is down the new traders get panicked and start dumping their coins in the market which negativity contributes to price drops.

It impacts the entire market as dumped take place whenever there's panic that take place, it's really
hard for those new investors to keep holding.

Quote

The ones who are holding from long are the ones sitting on top without any loss because in the long run the prices surge.

If you have the right understanding and you are willing to wait for the target value to achieved then
it will happen favorable to your position.

Quote

So this correction and dips cause most of the day traders to losse more than long term holders in the market.

This corrections are cause of different factors, though behind this most of the time it cause by whales who
holds huge numbers of assets.

Quote

So the traders need to understand the market conditions and control his emotions if want to gain profits in the long run.

Very well said, it's your knowledge that saves your investment. Both long or short as long as you know what to do
then it safe for your invested money.
full member
Activity: 252
Merit: 113
NFTs on Sale: https://bit.ly/2POlV17
You underestimated the amount of newbies that trying to make quick bucks in trading within a year, they are those people who said to buy high sell low mainly because they are still heavily influenced by their emotion which is fear than quit trading after failing a few times. I've seen so many people like that and even some of them go back to trading just to fail again since they are not really good at emotion management and I think they are the one that makes up those 95% number of traders who are losing.

Which indeed is true … Starters are focusing on strategies which never lose and and have this get-rich-quick ideology in their head. And once they have three, four losers, they dump the strategy and try the next one and either stop trading or never stop searching for the holy grail strategy which will never come.

Rather learning and sticking to a strategy, focusing on trade management and their own psychology, development of realistic expectations and the knowledge, that losing is part of the game. Instead it's always the markets fault or the pump&dump guys or the moon phase or … Learning to trade requires hard work and a patience for a very, very long time.  But that's what no beginner wants to hear.  Wink
full member
Activity: 1834
Merit: 166
Whenever the market is down the new traders get panicked and start dumping their coins in the market which negativity contributes to price drops.The ones who are holding from long are the ones sitting on top without any loss because in the long run the prices surge.So this correction and dips cause most of the day traders to losse more than long term holders in the market.So the traders need to understand the market conditions and control his emotions if want to gain profits in the long run.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I believe the calculations are true but cryptocurrency is not something a trader must do 24/7 because it has affected the relationship for some people and the last time I checked trading is not for everybody. After all, traders who can't control their emotions will always be among the 95% of trader that makes lost.
Even they lost control of their emotion but couldn't imagine those numbers, 95% is really high to think that only a few traders just succeed.
I think this 95% is not only in crypto trading alone or that possibly it is in the stock market where it is highly affected during the pandemic. The stock market dumps which means traders and investors had lost a lot, not in crypto where it keeps moving high making trader earn more.
You underestimated the amount of newbies that trying to make quick bucks in trading within a year, they are those people who said to buy high sell low mainly because they are still heavily influenced by their emotion which is fear than quit trading after failing a few times. I've seen so many people like that and even some of them go back to trading just to fail again since they are not really good at emotion management and I think they are the one that makes up those 95% number of traders who are losing.
hero member
Activity: 3010
Merit: 794
I believe the calculations are true but cryptocurrency is not something a trader must do 24/7 because it has affected the relationship for some people and the last time I checked trading is not for everybody. After all, traders who can't control their emotions will always be among the 95% of trader that makes lost.
Even they lost control of their emotion but couldn't imagine those numbers, 95% is really high to think that only a few traders just succeed.
I think this 95% is not only in crypto trading alone or that possibly it is in the stock market where it is highly affected during the pandemic. The stock market dumps which means traders and investors had lost a lot, not in crypto where it keeps moving high making trader earn more.
95% was indeed realistic and if you do compare it out it on traditional markets then it is just actually the same.They do only differ in talks of volatility but with success rate
then it would really be just the same.

Somehow even with small percentage of success, we can still see on how big the market is when it comes to liquidity which does show that lots been trading off which would really
result into this very big volume.Wether these doesnt show precise numbers of successful traders but assuming with those high volume and liquidity then there is really much
interest into this one.Losing then its part of this career and if you cant bare with it then trading isnt really for you.
sr. member
Activity: 2828
Merit: 344
win lambo...
I believe the calculations are true but cryptocurrency is not something a trader must do 24/7 because it has affected the relationship for some people and the last time I checked trading is not for everybody. After all, traders who can't control their emotions will always be among the 95% of trader that makes lost.
Even they lost control of their emotion but couldn't imagine those numbers, 95% is really high to think that only a few traders just succeed.
I think this 95% is not only in crypto trading alone or that possibly it is in the stock market where it is highly affected during the pandemic. The stock market dumps which means traders and investors had lost a lot, not in crypto where it keeps moving high making trader earn more.
member
Activity: 1165
Merit: 78
I believe the calculations are true but cryptocurrency is not something a trader must do 24/7 because it has affected the relationship for some people and the last time I checked trading is not for everybody. After all, traders who can't control their emotions will always be among the 95% of trader that makes lost.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
The real winner in all trading are the exchanges actually but all the money doesn't go to their pocket as they have to pay the operational charges and security costs are there along with the high taxes they must be operating with. By the way, 95% of traders in loss is a scary stat because I was under the impression that because BTC has continued to see a bull run, most traders should be in profit.
By definition this is impossible, trading is a zero sum game, what this means is that if you win a dollar then that dollar must come from the pockets of someone else, so if you see big institutional investors and other whales making huge profits with their bitcoin then all of that money needs to come from the pockets of retail investors that made mistakes or that sold their coins too early, I know this is not a pretty picture but it is the reality of all markets not only this one.

What he says is the truth, that is why Exchanges are a very profitable business, in addition to this I have a friend who is a YouTuber who says that you should trade following the movements of the whales, and trade with the money of others , this translates into: Buy when millionaires or whales buy and sell when millionaires sell, that is why I have learned when there is bad news = buy, good news = sell.

Of course everything is learning, now with a tweet from Elon Musk he makes a good pump, of course this is strongly attached to emotions, emotions apart from Strong Hands are what move the market.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The real winner in all trading are the exchanges actually but all the money doesn't go to their pocket as they have to pay the operational charges and security costs are there along with the high taxes they must be operating with. By the way, 95% of traders in loss is a scary stat because I was under the impression that because BTC has continued to see a bull run, most traders should be in profit.
By definition this is impossible, trading is a zero sum game, what this means is that if you win a dollar then that dollar must come from the pockets of someone else, so if you see big institutional investors and other whales making huge profits with their bitcoin then all of that money needs to come from the pockets of retail investors that made mistakes or that sold their coins too early, I know this is not a pretty picture but it is the reality of all markets not only this one.
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