Less than 3% successful

bedsit · Jul 4, 2011

Myth or reality:?:

0007 · Jul 4, 2011

Define "successful".

forker · Jul 4, 2011

Is this a joke

bedsit · Jul 4, 2011

0007 said:
Define "successful".

suc·cess·ful

adjective /səkˈsesfəl/

1.Accomplishing an aim or purpose
- a successful attack on the town

2.Having achieved popularity, profit, or distinction
- a successful actor

Black Swan · Jul 4, 2011

bedsit said:
Myth or reality:?:

I reckon you're too good a trader to suffer a 97% loss so I'm choosing myth....

DashRiprock · Jul 4, 2011

Animal, Vegetable, or Mineral?

bedsit · Jul 4, 2011

Black Swan said:
I reckon you're too good a trader to suffer a 97% loss so I'm choosing myth....

Thank you for your kind words sir

bedsit · Jul 4, 2011

DashRiprock said:
Animal, Vegetable, or Mineral?

DashRiprock · Jul 4, 2011

bedsit said:

right back at ya babe

YouAreNotFree · Jul 4, 2011

Myth if you define success as being a profitable trader.

As I understand it the proportion of profitable traders is around 35%.

bedsit · Jul 4, 2011

YouAreNotFree said:
Myth if you define success as being a profitable trader.

As I understand it the proportion of profitable traders is around 35%.

Yes, I was thinking about the percentage of successful retail traders.

DashRiprock · Jul 4, 2011

one day when i was but a wee lad i tried to jump off the top of my slide that was kept in the orchard to try and catch onto a cloud and go into space.

So obviously I am an epic failure of an astronaut.

new_trader · Jul 4, 2011

bedsit said:
Myth or reality:?:

Yes.

bedsit · Jul 4, 2011

DashRiprock said:
one day when i was but a wee lad i tried to jump off the top of my slide that was kept in the orchard to try and catch onto a cloud and go into space.

So obviously I am an epic failure of an astronaut.

No harm in trying

bedsit · Jul 4, 2011

new_trader said:
Yes.

That's what I thought.

lamog7 · Jul 4, 2011

Mind your own business only and forget what other do. The world is full of fools, incompetents, paranoids, psychos, you name it. It is more like 0.01% in reality if you add those that never admit they traded after losing everything.

But that doesn't say anything.

bedsit · Jul 4, 2011

lamog7 said:
Mind your own business only and forget what other do. The world is full of fools, incompetents, paranoids, psychos, you name it. It is more like 0.01% in reality if you add those that never admit they traded after losing everything.

But that doesn't say anything.

I should think they always need more new traders, once they deplete the accounts of existing ones. So it may not be in brokers/dealers/sb companies interest to publish accurate figures. That may discourage potential customers and cut the supply of easy money.

Doomberg · Jul 4, 2011

I'd say that more than 3% of active traders are profitable because ones that aren't give up...

If it is 3% or less then it just makes me feel even more like 'the one'

15 min tlb · Jul 4, 2011

bedsit said:
Yes, I was thinking about the percentage of successful retail traders.

morons.they don't hang about forums for no reward

15 min tlb · Jul 4, 2011

new_trader said:
Yes.

yes = I am an assole

Less than 3% successful

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