Cryptocurrency Q&A How many day traders make money?

How many day traders make money?

Elena Elena Wed Nov 27 2024 | 5 answers 986
I'm curious about the success rate of day traders. Specifically, I want to know how many of them are actually able to make a profit from their trading activities. How many day traders make money?

5 answers

BonsaiBeauty BonsaiBeauty Fri Nov 29 2024
Research suggests that only around 1% of day traders manage to achieve a positive return consistently.

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ShintoMystic ShintoMystic Fri Nov 29 2024
This low success rate highlights the need for careful consideration before pursuing day trading as a primary income source.

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SsamziegangSerenade SsamziegangSerenade Fri Nov 29 2024
Day trading requires a significant investment of time and energy to be successful.

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CherryBlossomGrace CherryBlossomGrace Fri Nov 29 2024
Day trading is a challenging endeavor that few succeed in over the long term.

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Martina Martina Fri Nov 29 2024
Without this dedication, it is unlikely that an individual will be able to sustain a profitable day trading strategy.

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