FACT.
95% of day traders lose money long term.
But Why?
Well let's start with this.
Most day traders don't know enough about trading or the market.
So how can they compete with the industry and professional traders?
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And, Brian is actually being kind here with the '95%'.
historically and pretty much since forever, the real # is more like 97-98% NET lose it all and are not able to utilize it [trading vs having a FT job & actually investing] as a source of income let alone a career.
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