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.
5 answers
BonsaiBeauty
Fri Nov 29 2024
Research suggests that only around 1% of day traders manage to achieve a positive return consistently.
ShintoMystic
Fri Nov 29 2024
This low success rate highlights the need for careful consideration before pursuing day trading as a primary income source.
SsamziegangSerenade
Fri Nov 29 2024
Day trading requires a significant investment of time and energy to be successful.
CherryBlossomGrace
Fri Nov 29 2024
Day trading is a challenging endeavor that few succeed in over the long term.
Martina
Fri Nov 29 2024
Without this dedication, it is unlikely that an individual will be able to sustain a profitable day trading strategy.