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.
It is really true that most of traders are loser and they are not profitable in trading. There has many reason for not profitable. I think main reason they are not educated in this sector. So they are coming for only profit from trading but they are not learn about trading. Besides this there are some reason for not profitable in this sector.
Like-
* Not Proper knowledge about trading
* No proper knowledge about fund management.
* No any knowledge about risk management
* Greediness in trading.
* Too rich within short time.
* Lack of recherch about trading. Etc.
I think lack of proper knowledge about trading and avoid to follow this mention point prople not profitable in trading. But some traders are huge experienced and they follow trading rules properly so they are profitable in trading.
When we are still that a noob then we would really be definitely be able to experience these things but we do know that these are normal behaviors on which a certain individual would really be able to felt up with on which we do know that this is something that would really be that so common to happen. It is really just that depending on someone whether they would really be able to learn up from those mistakes or
they would really be just that simply giving up and would really be finding for another venture. Trading is never been that simple or simply its too hard and not all would really be able to obtain such skill
on a short period of time on which it would really be that understandable that there would really be those specific behavior that would really be making you that able to sustain at least this unpredictable space.
Failing up once or twice doesnt mean that you cant be able to make yourself better in gambling, once you do make out those kind of realizations then you would really be making out
those kind of adjustments in a period of time on which it wouldnt be short but at least you are really heading there.