Topic: Most Traders are Not Profitable - page 15. (Read 2360 times)

If you have been trading in the market for long, you will realize that successful trading never happens easily, and that it never happens to most of the aspiring traders especially if they lack the skills and strategies to trade. So it's not actually surprising why majority of the crypto traders are not successful, some just pretend to deceive the people who dream of becoming successful traders.

The only way they gain an income is through making contents about their trades and make people believe that they are good and reliable traders. You will only know this is you start trading by yourself.

Sad to know about it but yeah, only a few traders make their journey profitable. The reason why the majority had suffered losses is because
 - they are impatient
 - lack of knowledge

All of these things happen because of the influence of these social media influencers saying that they can make money easily and showing trading tips that never work in real life. Many have been fooled into such ads and they face the consequences of losing their money.

the so-called influencers are just earning because of the subscribers, ads, views and maybe not because of their trading activities. most of them are just faking their trading results and maybe just showing their few profits and not their actual losses. if they are really doing good in their trading, they don't need to show it to other people as they won't have time anymore.

Actually, this is not good, but that's the way it is. Indeed, many novice traders fail and lose a lot. and only a small percentage survive and are ultimately able to find their trading patterns satisfactorily without using trading signals. And of course this requires enormous efforts. We are not talking about pro traders because that would be different. But not only newbies but also some people who have been trading for a long time often fail because they have poor analytical skills, due to a lack of knowledge and seriousness and efforts. Trading is high risk and requires patterns and skills that are good enough to be able to manage itself so that you gain more profits than losses.

I am not a good trader even when i have to start trading then many time i have been got loss. That's why i will need to tech about trade. But yes basic knowledge with improve trade of some loss money will prepared great trading idea. Really very dangerous trading step for all news members so be aware if you couldn’t understand it.

Those things been known in the past which turns out to be the reason on why they have lost money, yes mistakes could happen but once it had been known then people would normally be avoiding it and it would really be causing for them to make another path for them to take and trying to be profitable as much as possible. Tons of things and factors could really make out some effect along the way on which it would really be just that so normal that people would really be making out adjustments. Talking back into the thing or situation about traders are not profitable then this is something that a little bit true but to know that this market is really just that like a tug-of-war then to those people who are making money are the winners and the losing side would be the ones who losses up money as simple as that.

This is why skills and knowledge would really be that relevant because if you do lacking of these things then you wont really be able to survive or sustain within this market and this is something that
you should really be looking into. Being profitable on this market isnt impossible but its not something that simple that you could really be making yourself that confident.
You would be able to realize it once you do able to make yourself do have that  real engagement in the market.

The research over the previous decades has shown that this is consistently the truth, even when the stock market was experiencing an unprecedented bull market most traders were still losing money, what those influencers are doing is nothing more but to play with the greed of people by promising them they can obtain profits if they follow them or if they buy their products, however once people finally understand that stat and admit they are no different than all of those traders which failed, that is when they will have to take a difficult decision, which is to give up on trading completely or finally decide to make the effort to research the markets on their own and stop looking for the easy way out.

I am glad that there are articles to back up my observations.
I didn't even have to read these articles or studies to come to the conclusion. This is was just from natural observation. I just noticed that
- increase in YouTube channels of trading influencers.
- increase in the number of Instagram channels with traders showing off their set up and charts.
- TikTok videos of trading influencers directing viewers to some links to buy a course

It is just crazy. These people trying to make money off novices and recycling old trading stories.

Or that they are using traditional ways to trade which isn't applicable to bitcoin and other crypto since crypto market is so volatile or maybe the claim that a lot of traders aren't profiting from trading but wouldn't we see them quit after awhile if they're not profiting at all, if that's the correct or closest to the right percentage, that would mean that a lot of these traders are either not really trading and the stuff that come out of their mouth are either nonsense that they can't back up which is sad and frustrating because that would mean they've been deceiving a lot of people but that's a far fetch theory too that they're not profiting and that they're lying to their followers too because someone would've called them out a long time ago.

Hmm, dear just keep in mind that there the smarter people who are competing with you with higher experience, and capital to play. You need to learn how to stay one step ahead of them and need to be psychologically more adaptive to market sentiments. Here in this market, only whales win, because they own the key principle that most of the new traders don't possess.

You can say new traders are the liquidity providers to the old ones. New people lose money and frustration leaves the market.

The definition of professional indicates that if a person can earn money from the business in which he is engaged. Accordingly, if a trader can make money only by trading, then he is a professional trader, if he makes money from advertising exchanges, or some other products, receives profit from referrals and the like, then this person receives the main profit from advertising, but his trading is not so successful then this is something else.

If a trader could only earn money from trading, he would not be promoting other products. This is mainly done by traders-bloggers and I don’t really trust such people.

While there are few traders who are making it big in trading, but majority of these existing traders are not actually in profits but still claim that they are successful and profitable traders. And mostly, those who keep flexing their trading strategies in their social media account are those who are not making profitable trades.

Real successful traders only keep their strategies to theirselves, and as long as they find it beneficial to their career, they will never flaunt or disclose it to their youtube channel if there's any or their social media account. That's how they keep their trading career successful for a longer period.

Unfortunately, trading isn't something that everyone can achieve and it takes a long time to make money by trading. This is because financial markets are complex and it is almost impossible to make money in them without a fair amount of experience. Yes, unfortunately many people who define themselves as professionals cannot earn a profit by trading because trading requires not only experience but also the need for a person to plan risk management correctly and control his/her emotions.

On the other hand, the fact that many new individuals are included in the cryptocurrency markets and that these people are generally inexperienced in the financial markets or cryptocurrency markets causes the percentage of people who can make a profit by trading to decrease.

I have to agree. Yes, it is true that most traders are not profitable. Trading in financial markets is very challenging, and statistics prove that a majority of traders do not consistently make profits.

Well depends but I agreed too. Some paid signals have payment and there we can see some fail trade signals too. Is that fine? No! As long as their paid they can get the losses from users especially if the group is somehow big. Also some referrals on exchange, or anything offer services. So its kinda nuts to join a group like that and pay for the subscription. Maybe theres a legit one but the winning rate is still not on accurate terms.

Trading can be profitable or it can be give you a loss if you didn't know how to make trade but in my opinion if we start trading from a small amount and we should take profit even s small it will be give you a good benefit after few months and most trader are not profitable because they are getting penic the most affected thing in a loss in trading is penic if we regret this thing from our trade we will In profitable

I agree with you OP, because trading is not something that can be done by anyone and this is why people that claim trading is profitable are not traders. If not they wouldn't come to the public to deceive people that trading is profitable. Even the so call professional traders run at loss but the difference is that the professional traders have risk management and use that as an advantage in trading. If I am making profit everyday in trading why will I want to tell people about my strategy. Another thing is that most traders are not traders but gamblers because they lack the skills and depend on signal and assumptions. Also I see most traders as greedy people that are after quick profit, this makes them not to take their time to learn the in and out of trading properly before they jump into trading, and this is why the run at loss. Trading is very complicated.

I totally agree and I always compare both activities which, although different, have a lot of similarities. In fact, day-trading is almost in all cases pure luck, not to talk about futures, levers... And all TA patterns and candlesticks mere pseudoscience.

So traders who win constantly win money know what they're doing and have a winning plan since the beginning: they do not simply study a trading analysis book and try to put it into action, they have other ways of income as mentioned before (channels, sponsorships...) or a very deep understanding on what's going on in the market, which requires both the ability and many hours of hard work everyday.

Anyway, there are cycles when everybody loses, no matter your skill. Before Madoff's structure collapsed, suspicions started in part because he kept winning money in a market where everyone was losing.

It seems like a fact, as many traders looking for quick money opt for short-term strategies, expecting fast results. They view trading as a quick fix for their economic challenges, but it often turns out the opposite. Instead of improving their financial situation, they find themselves in even tougher economic conditions.

Now, the relationship between a professional trader and a YouTuber is quite predictable. Someone who's already making money as an expert in trading doesn't need to seek victims on YouTube to boost their income by revealing their secrets. It's like keeping a popular recipe to themselves rather than sharing it on YouTube, assuming they'll gain extra income while actually making it easier for serious competitors.

A true trader who can make a living from trading has exclusive knowledge that is better kept secret.

You are making assumptions with your information but agreed that many people that claim to be traders are not traders in real sense. They are doing videos and posting on YouTube channels for likes and ads to survive.  I mean, will real trader has that time to be making noise on videos with some random trend linee? The real traders are on their screen depicting how to know whether the market will go north or south, this doesn't invalidate real traders that are out there making it from the market.

The affiliate program is the most popular you see around their channel and the ones that will always ask for coffee money as if they hardly have difficult time in having breakfast.


You didn't mention of the pay signal and private groups where they drop trades. They are always quick to show their profit but wouldn't show you the profit from the exchange market. Hardly will you even see a person from the so called signal group of sharing testimony about the profit they have made from trading, most of the time paid signals are nothing but home of scammers.