Topic: Most Traders are Not Profitable - page 18. (Read 2337 times)
Trading might not works for everybody and that’s why they have to look for other options to make money and that is fine. If you are in trading, you should know how to make profit and know when to buy and sell because its all about your discipline and of course all about your strategy. Though I don’t agree that if you lose in trading you can just do your trading signal, affiliate or do a trading channel because how can you convince someone if you are losing in trading? This is still not a sure profit though.
Trading is not gambling but it should be seen as gambling because they are the two things online that can make people to easily lose money.
Everything in a life involving investing money in it for future profits is then a gamble because you don't know how things will turn out tomorrow.The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.
If I am so good a trading and making a lot of money out of it. I don't see why I would go to YouTube looking for views and people to register using my referral links 
Whenever I see YouTubers asking subscribers to use their referral links, that is where I stop the video
Read this:
https://tradeciety.com/24-statistics-why-most-traders-lose-money?hs_amp=true
I can agree to that, most traders are losing.
Trading is not gambling but it should be seen as gambling because they are the two things online that can make people to easily lose money.
https://tradeciety.com/24-statistics-why-most-traders-lose-money?hs_amp=true
Our research suggests that about 70 to 90% of traders lose money. It is, of course, impossible to get an exact number, but as a rule of thumb, we believe 70-90% is close to the “correct” ballpark figure.
Approximately 1–20% of day traders actually profit from their endeavors. Exceptionally few day traders ever generate returns that are even close to worthwhile. This means that between 80 and 99 percent of them fail.
Based on several brokers' studies, as many as 90% of traders are estimated to lose money in the markets. This can be an even higher failure rate if you look at day traders, forex traders, or options traders.
I can agree to that, most traders are losing.
Trading is not gambling but it should be seen as gambling because they are the two things online that can make people to easily lose money.
A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads
- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.
The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads
- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.
The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.
Jump to: