Just the statistic that 95% of traders always lose, is something to be afraid of already, because that 5% anyone could think that they obey only the whales, and they may be right about it.
I don't think those stats are true because surely more than 5% of traders are profiting from trading otherwise exchanges would have been closed if everyone was losing money and they would stop trading eventually. Trading isn't something like gambling either so I don't think people would be addicted to trading like they are to gambling.
Trading isn't for everyone, that is right and I agree with that. There are people who learn skills for years and still fail when it comes to real-trading because anyone can profit from demo-trading accounts because they don't involve real money. When it comes to real money trading, a lot of people despite learning for years various indicators and skills still fail, while some are naturally good at trading, just need a few months and they will end most trades in profit.
What happens is that most traders lose and do not say it, because they see it as a great shame, and do not leave the trade because they constantly see that they can take revenge on the market, in addition they also want to prove that their predictions and analysis are the correct ones. correct, this without taking into account that some traders make profits, but when looking at it on a scale, the losses are usually much more than the wins.
And the success of a trader is that his balance is always in positive, that they have more gains than losses, even so, he can lose more but coming out of the market in positive, which translates into being much more consolidated and profitable, I think that That's where the statistics come out, in addition to the fact that the market is not only made by traders, but also by whales and investors who are the ones who really move the market at will.