SWF 7.69% 12.0¢ selfwealth limited

Who's Ready For The Plunge?, page-24

  1. 1,239 Posts.
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    Going round and round in circles. Selfwealth don’t target traders. They target steady wealth creation by using the more reliable tactics of longer term investing. The investing world is not just traders.
    Hopefully most share investors do it more reliably by longer term decisions. More money is wasted and lost by art of guessing wiggly lines on a chart.

    What percentage of day traders are successful?


    That's about a 3.5% to 4.5% success rate. Approximately another 10 made money, but not enough to keep them trading. If success is defined as just being negligibly profitable (for at least a couple months) the success rate is about 6% to 8%.
 
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