Cryptocurrency Q&A How many active traders lose money?

How many active traders lose money?

EclipseRider EclipseRider Tue Oct 15 2024 | 7 answers 1548
I'm curious to know the percentage or number of active traders who end up losing money in their trading activities. I want to understand the risk involved in trading and how common it is for traders to incur losses. How many active traders lose money?

7 answers

Federico Federico Thu Oct 17 2024
While trading can be profitable for those who possess the necessary knowledge, skills, and risk management strategies, it is essential to understand that success is not guaranteed.

Was this helpful?

318
70
CryptoTamer CryptoTamer Thu Oct 17 2024
Trading in financial markets, particularly for new traders, can often prove to be a challenging and overwhelming experience.

Was this helpful?

318
49
CloudlitWonder CloudlitWonder Thu Oct 17 2024
Despite the promise of high returns, many new traders find themselves struggling to navigate the complexities of the market and ultimately losing money.

Was this helpful?

144
99
Andrea Andrea Thu Oct 17 2024
According to several studies conducted by various brokers, the statistics are stark, with estimates suggesting that up to 90% of traders incur losses in their trading endeavors.

Was this helpful?

275
27
Elena Elena Thu Oct 17 2024
This phenomenon underscores the importance of education and careful consideration before embarking on a trading journey.

Was this helpful?

130
92
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts